Arihant Capital sets 15 April as record date for stock split

Capital Market 

Arihant Capital Markets board fixed 15 Apr 2022 as the record date for the proposed 5-for-1 stock split.

The company's board on 3 March 2022, approved splitting each share of face value of Rs 5 each into five shares of face value Re 1 each (5-for-1).

Arihant Capital Markets provides stock broking service in India. The company's consolidated net profit rose 46.48% to Rs 13.11 crore on 68.95% increase in total income to Rs 48.69 crore in Q3 December 2021 over Q3 December 2020.

Share of Arihant Capital Markets fell 1.61% to settle at Rs 393.85 on Friday.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Sat, March 26 2022. 14:09 IST
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