Description
BSE lists 50,00,000 new equity shares of Arihant Capital Markets Ltd. (Scrip Code 511605) issued to promoters on preferential basis via conversion of warrants, effective February 27, 2026. Shares are subject to lock-in until September 5, 2027.
Summary
BSE has notified trading members that 50,00,000 new equity shares of Arihant Capital Markets Ltd. (Scrip Code: 511605) have been listed and are permitted to trade on the Exchange with effect from Friday, February 27, 2026. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 68.50 per share.
Key Points
- Company: Arihant Capital Markets Ltd. (Scrip Code: 511605, ISIN: INE420B01036)
- Number of Shares: 50,00,000 equity shares of Rs. 1.00/- face value each
- Issue Price: Rs. 68.50/- per share (face value Rs. 1.00 + premium of Rs. 67.50)
- Allottee: Promoters, on a preferential basis
- Nature of Issue: Conversion of warrants
- Ranking: Pari-passu with existing equity shares of the company
- Distribution Numbers: 104612801 to 109612800
- Trading effective from: Friday, February 27, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification under BSE’s framework for admission of newly allotted securities to trading.
Compliance Requirements
- Trading members are informed to update their systems to reflect the new securities eligible for trading from February 27, 2026.
- The allotted shares carry a mandatory lock-in; transactions involving locked shares are restricted until the lock-in expiry date.
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | November 22, 2025 |
| Trading Commencement | February 27, 2026 |
| Lock-in Expiry | September 5, 2027 |
Impact Assessment
The listing adds 50,00,000 shares to Arihant Capital Markets Ltd.’s equity base, representing a promoter-held preferential allotment. Since all newly listed shares are under lock-in until September 5, 2027, there is no immediate increase in free-float or selling pressure in the market. The impact on liquidity and share price is expected to be minimal in the short to medium term. Investors should note the expanded promoter shareholding resulting from this warrant conversion.
Impact Justification
Routine preferential allotment listing of 50 lakh shares to promoters via warrant conversion. Shares carry a lock-in until Sep 2027, limiting near-term market float impact. No regulatory changes or broad market implications.