Shares of Arihant Capital Markets Ltd were in focus on Friday, Nov 28, rising 9.47% to ₹108.57, after the company announced a major leadership move in its investment banking and merchant banking division.
Arihant Capital Group has appointed a former Pantomath Capital executive as the new Managing Director and Chief Executive Officer of the division, marking a significant step in strengthening its senior leadership team. The company said the appointment aligns with its strategy to scale operations in India’s competitive financial services landscape.
The newly appointed MD & CEO brings deep experience from investment banking, capital markets, and corporate advisory roles. Arihant Capital expects the new leadership to drive innovation, elevate client engagement, and accelerate growth across its merchant banking vertical.
Known for its strong presence in wealth management, equity research, and investment banking, Arihant Capital highlighted that the appointment reflects its intent to combine industry expertise with forward-looking execution. Senior management said the leadership change will help the company expand its advisory capabilities, scale its IB portfolio, and build stronger long-term relationships with corporates, investors, and entrepreneurs.
With this announcement, Arihant Capital reinforced its positioning as a trusted financial services partner, aiming to deliver sustainable growth and enhanced value to clients in the years ahead.
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