Lockton Overseas Limited agreed to acquire Arihant Insurance Broking Services Limited from Arihant Capital Markets Limited (BSE:511605) for INR 33.4 million on June 21, 2024. For the period ended March 31, 2024 Arihant Insurance Broking Services Limited reported revenue of INR 3.8 million and Net assets of INR 10.2 million. The transaction is subject to regulatory approvals and other customary conditions and is expected to complete no later than December 31, 2024.