Arihant Capital Markets Limited — QIP/Rights/Pref., 25-07-2025: Preferential issue

Arihant Capital has announced a board meeting where it approved a significant fundraise. The company plans to issue up to 1.05 Crore equity shares at ₹87 per share on a preferential basis, targeting non-promoter investors. This move aims to raise approximately ₹91.35 Crore. An Extra-Ordinary General Meeting is set for August 21, 2025, to get shareholder approval for this capital infusion. This strategic fundraise is crucial for the company, bringing in new capital for future operations and growth, though specific uses like capex or debt repayment weren't detailed.