Arihant Capital Markets Secures 'No Objection' from NSE and BSE for Composite Scheme of Arrangement
Arihant Capital Markets Limited (ACML) has received observations from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) concerning its ongoing Composite Scheme of Arrangement. ACML confirmed that it obtained an observation letter with 'no adverse observations' from BSE on June 25, 2026, and an observation letter with 'no objection' from NSE on the same date.The scheme involves a complex arrangement amongst several related entities under Sections 230 to 232 of the Companies Act, 2013. The companies included in the Composite Scheme of Arrangement are Arihant Financial Services Limited (AFSL), Arihant Capital Markets Limited (ACML), Arihant Elite Financial Solutions Limited (AEFSL), Arihant Investment Banking Services Limited (AIBSL), and Arihant Money Marvel Wealth Management Limited (AMMWML).
The observations from the stock exchanges pave the way for ACML to file the proposed scheme with the Hon'ble National Company Law Tribunal (NCLT).
Key details regarding the scheme, which is subject to various regulatory requirements, include:
| Entity Name | Role in Scheme |
|---|---|
| Arihant Financial Services Limited (AFSL) | Transferor Company 1 |
| Arihant Capital Markets Limited (ACML) | Transferee Company 1 / Demerged Company |
| Arihant Elite Financial Solutions Limited (AEFSL) | Resulting Company / Transferor Company 2 |
| Arihant Investment Banking Services Limited (AIBSL) | Transferee Company 2 |
| Arihant Money Marvel Wealth Management Limited (AMMWML) | Transferee Company 3 |
These observations are necessary milestones in the process of finalizing the scheme. ACML has confirmed that the copies of the said observation letters have been uploaded to its investor relations section.
ARIHANTCAP Stock Price Movement
Today, Arihant Capital Markets Limited shares gained 1.08% on the day, settling at ₹69.16 in post-market trading. Trading volume reached 82,388 shares as of today's session close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.