ARIHANTS SECURITIES Share price

Arihants Securities Limited was incorporated on 13th June1994 as a private limited company and was subsequentlyconverted into a public limited company by passing aspecial resolution on 12th December 1994.Arihants Securities Limited was promoted by Mr. RavikantChowdhry and his associate. Mr. H. Sayar Chand Nahar whosubsequently joined to promote the project as a Director.Mr. Ravikant Choudhry 32 years is a stock broker inMadras Stock Exchange Ltd. He is also a dealer in OTCExchange of India. He has over a decade of experience andproficiency in the areas of stock broking financeinvestment/portfolio management.Mr. H. Sayar Chand Nahar 57 years has been in the fieldof hire purchase and leasing operations for more thanthirty years. He has a very rich experience and expertisein the field of finance. He was founder of ChaturbhujiNahar Upashrai Hirachand Nahar Jain Bhavan and MohanKanwar Devi Hirachand Nahar Jain Poushad Sala.The Company is managed by a Board of Directors consistingof eminent persons. The Company is presently engaged ininvestments in shares and securities. The demand for hirepurchase leasing and finance related activities has beensteadily increasing and has great demand. In order to meetthis increasing demand and at the same time to increase thecapital base the Board of Directors has decided toincrease the share capital through a public issue.