Arihant Capital has introduced a new Alternative Investment Fund (AIF) specializing in small, micro, and nano companies. The fund aims to invest in scalable businesses employing a "core plus satellite" approach to foster diversity within its portfolio.

The Reserve Bank of India (RBI) has granted clearance for Arihant Capital Markets Ltd to merge its AFSL with ACML. However, the merger is still subject to pending regulatory and necessary approvals.