Arihant Capital Markets Limited — Others, 14-11-2024: Issue of Duplicate Share Certificate

Arihant Capital Markets Limited has received requests from shareholders for the issuance of duplicate share certificates due to original ones being lost. Notable cases include shares belonging to Pratibha Lunia, and SardarMal Lunia, both deceased, with their legal heir Ajay Sardarmal Lunia requesting replacements. The company is set to complete the necessary formalities to issue ‘Letters of Confirmation’ to rightful owners post-verification.

This action could enhance shareholder confidence by addressing potential asset risks tied to lost certificates. While there are operational changes involved, the overall sentiment remains stable, with no immediate adverse implications for the company’s governance or financial health.