Arihant Capital to list and begin trading on National Stock Exchange
Arihant Capital Markets Ltd, India’s leading securities brokerage company, today announced its listing on the National Stock Exchange (NSE). Effective 15th June 2021, Arihant Capital will commence trading as NSE-listed security under the symbol “ARIHANTCAP”
The company commenced its public listing journey with listing of its shares on the Bombay Stock Exchange in 1994.
Arihant’s management believe that NSE-listing will:
- Provide additional opportunities to attract institutional and retail investors, allowing the Company to broaden its investor base.
- Increase the visibility of the Company, its growth strategy, accomplishments, and results to date.
- Help the company to embark on the next leg of growth with digital focus.
- Increase liquidity of the Company’s common shares; and
- Raise the Company’s overall profile and ultimately enhance shareholder value.
The company recently reported its highest ever profit of Rs. 34.67 crore for the year ended March 31, 2021, almost double compared to previous fiscal.
On the occasion, Mr. Ashok Kumar Jain, Chairman and Managing Director of Arihant Capital, said “Listing on NSE is a significant milestone for the company and it will help in broad basing our investor base and will kickstart the next phase of our growth.”
“I would like to congratulate the complete Arihant Team, our shareholders and our clients on this landmark moment for offering their support in our continued growth and I promise to work towards ensuring financial independence of every Indian.”
About Arihant Capital: Arihant Capital is India’s leading securities brokerage and financial services company that caters to individuals, corporates and institutions. The company has more than 900 investment centers in over 200 cities across India serving over 2,00,000 clients. The company’s services include stock broking, depository services, commodity and forex trading, distribution of mutual funds, bonds, fixed income and national pension scheme (NPS), insurance broking, and merchant banking (Category 1). Arihant Capital is a company that is driven by integrity and a passion to help every Indian achieve their financial goals and attain financial independence.
For more information on the company, please visit: www.arihantcapital.com