Arihant Superstructures Limited announced a private placement of 2,090,000 warrants at a price of INR 45.01775 per warrant for the gross proceeds of INR 94,087,098 on November 7, 2023. The warrants will be converted into 1 common share at an exercise price of INR 135.05325 per share. The transaction has been approved by the shareholders of the company.