Arihant Capital Markets Limited has approved the allotment of 5,00,000 equity shares to Premadevi Taparia, a non-promoter, raising ₹4.35 Crore. The decision was made during a meeting of the Preferential Allotment Committee of the Board of Directors on Tuesday, September 23, 2025.
The allotment is part of a larger plan to issue 1,05,00,000 equity shares, as approved by the members of the company on August 21, 2025, and in accordance with the in-principal approval granted by BSE Limited and National Stock Exchange Limited on September 08, 2025. The face value of each share is ₹1, and they were issued at a price of ₹87 per share, including a premium of ₹86.
Following this allotment, the company's paid-up equity share capital has increased from ₹10,41,12,800 (10,41,12,800 fully paid-up equity shares of ₹1 each) to ₹10,46,12,800 (10,46,12,800 fully paid-up equity shares of ₹1 each). The newly allotted shares will rank pari-passu with the existing equity shares of the company.
The company will apply for the listing and trading approval of these shares on the stock exchanges within the statutory timelines. These equity shares will be locked in as per the regulations specified under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Details of Allotment
| Particulars | Details |
|---|---|
| Number of Shares Allotted | 5,00,000 |
| Price per Equity Share | ₹87.00 (including premium of ₹86.00) |
| Consideration Received | ₹4,35,00,000 |
| Allottee Category | Non-Promoter |
Shareholding Details
| Particulars | Details |
|---|---|
| Pre-Issue Shareholding in the Company (%) | Nil |
| Post-Issue Shareholding in the Company (%) | 0.48 |
The meeting of the committee, which commenced at 04:00 P.M., concluded at 04:30 P.M.
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