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Arihant Capital Markets looking to sell entire investment in subsidiary

09 Mar 2023 Evaluate

Arihant Capital Markets is looking to further sell or transfer or otherwise dispose of the company’s entire investment in the wholly owned subsidiary i.e. Arihant Insurance Broking Services in near future subject to approval of Shareholders, Insurance Regulatory and Development Authority of India (IRDAI) and other Statutory Authorities (if any). The expected date of completion of sale/ disposal is on or before December 2023.

Arihant Capital Markets is one of the leading financial services companies in India.

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