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Arihant Foundations & Housing Ltd

Board of Arihant Foundations & Housing approves allotment of shares and warrants

Nov 16,2024 Hrs IST

The Board of Arihant Foundations & Housing at its meeting held on 16 November 2024 has approved the allotment of 13,65,624 equity shares of Rs 10 each at an issue price of Rs 480 per share (including premium of Rs 470 per share) on preferential basis to the non-promoter allotees.

With this allotment, the paid up equity share capital has increased to Rs. 9,96,56,240 (99,65,624 equity shares of face value of Rs.10 each fully paid up).

The Board has further allotted 8,96,873 convertible warrants at an issue price of Rs 480 per warrant on preferential basis to the promoter & non-promoter allotees.

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Attention Investors :

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.

Attention Investors :

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Attention Investors :

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

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