Arihant Capital Markets has received approval for acquiring the whole or substantially the whole of the business of the entity i.e. Get Prosper Capital. Get Prosper is engaged in the business of being brokers, sub-brokers, dealers or intermediaries of any and all kinds of shares, scrips, stocks, securities, Commodity, commodity derivatives, currency derivatives, interest rate derivatives, stock futures, units of mutual funds and trusts, debentures, bonds, debenture stocks, derivatives and other forms of financial instruments.
By way of the acquisition, the company and Get Prosper shall collaborate towards digitalization of products, include new technologies, and expand relationship in the area of stock broking. The said acquisition is expected to be completed on or before March 31, 2025. The Board of Directors of the Company in their meeting held on May 25, 2024, inter-alia, approved the same.
Arihant Capital Markets is one of the leading financial services companies in India.
