inprinciple has been granted to the proposal of Amalgamation reveived from Arihant Fincap Ltd with the company. The company has informed that the shareholders and secured and unsecured creditors of the Company has approved the Scheme of Amalgamation u/s 391 (read with Section 394) of the Companies Act, 1956 of Arihant Fincap Ltd with the Company vide their meeting held on January 30, 2006. Further the Company is going to file a petition before the Hon'ble High Court of Madhya Pradesh bench at Indore for the Court Order. (As per BSE Bulletin dated on 10/02/2006) Arihant Capital Markets Ltd (ACML) has informed BSE that the Board of Directors of the Company at its meeting held on April 11, 2008 has taken up the following matters: 1. 31,80,000 Equity Shares of Rs 10/- was allotted to shareholders of Arihant Fincap Ltd (AFL) pursuant Scheme of Amalgamation sanctioned by Hon'ble High Court of M.P. Indore Bench. 2. Pursuant to order of amalgamation decision for merging the Balance of both the Company i.e. Arihant Capital Markets Ltd and Arihant Fincap Ltd was taken up. 3. Pursuant to allotment of aforesaid shares, change in shareholding of the Company was discussed and necessary action plan was decided to make it effective. 4. Necessary authorization to the officer and authorised representative was given to do all the needful actions for registration of the name of ACML on all the properties of AFL in view of the Court Order _ such as NSE, Income Tax etc. (As per BSE Announcement Website dated on 14/04/2008) Trading members of the Exchange are hereby informed that the under mentioned new securities of Arihant Capital Markets Limited (Scrip Code: 511605, ISIN No. INE420B01010) are listed and permitted for trading on the Exchange with effect from Tuesday, August 26,2008 Securities 31,80,000 * Equity Shares of Rs.10/- each issued to the shareholders of erstwhile Arihant Fincap Limited pursuant to the scheme of Amalgamation of the Company. Dist. Nos. 3552201 to 6732200 * These shares are ranking pari-passu with the existing equity shares of the company. 2. Trading members may please note that the above equity shares are under lock-in up to September 30, 2011 3. The brief particulars of the Scheme of Amalgamation are as mentioned below: a) The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Judicature at Madhya Pradesh vide its Order dated March 11,2008 b) Appointed Date: October 01, 2005. c) Effective Date: October 01, 2005. d) Date of Allotment : April 11, 2008. e) Exchange Ratio: For every 1 equity share of Rs.10/- each held in erstwhile Arihant Fincap.Ltd, 3 equity shares of Rs.10/- each of the company have been issued. 4. Trading members may also note that the company has cancelled 2,25,150 equity shares held by the transferor company on account of cross holding. 5. The company's financial year ends on 31st March. (As Per BSE Notice Dated on 25.08.2008)