Anand Rathi Wealth Limited's promoter entity, Anand Rathi Financial Services Limited (ARFSL), submitted a formal disclosure to the National Stock Exchange of India Limited and BSE Limited on May 11, 2026, under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to pledge release and creation of pledge on equity shares of Anand Rathi Wealth Limited held by ARFSL on May 8, 2026 and May 9, 2026. The transactions were executed for the purpose of shifting of Custodian Participant for availing Margin Limits. The filing was signed by Divyani Shah, Company Secretary of Anand Rathi Financial Services Limited, and submitted from Mumbai on May 11, 2026.

Pledge Release and Re-Pledge Activity

The disclosure details a series of pledge release and creation events carried out by ARFSL over two consecutive days. The following table summarises the key encumbrance events reported:

On May 8, 2026, ARFSL released a pledge of 8,30,000 shares, representing 1% of the total share capital of Anand Rathi Wealth Limited, from Orbis Financial Corporation Limited. This reduced ARFSL's encumbered holding from 38,63,000 shares (4.65%) to 30,33,000 shares (3.65%). On May 9, 2026, a further release of 8,20,000 shares (0.99% of total share capital) was made from Orbis Financial Corporation Limited, bringing the encumbered holding down to 22,13,000 shares (2.67%). Subsequently, on the same date, ARFSL pledged 8,30,000 shares (1% of total share capital) in favour of Yes Bank Limited, a scheduled commercial bank, resulting in a post-event encumbered holding of 30,43,000 shares, equivalent to 3.67% of the total share capital. In aggregate, 16,50,000 shares (1.99% of total share capital) were released from pledge with Orbis Financial Corporation Limited across the two days.

Security Cover and End Use of Funds

As part of the Annexure II disclosure, ARFSL provided details on the security cover and the end use of the borrowed amount. The encumbered shares as a percentage of ARFSL's promoter shareholding stand at 18.40%, which is neither 50% or more of promoter shareholding nor 20% or more of the total share capital. The key financial parameters related to the encumbrance are as follows:

The borrowed amount has been utilised for the purpose of shifting of Custodian Participant — ARFSL released the shares pledged with Orbis Financial Corporation Limited and re-pledged them with Yes Bank Limited for availing Margin Limits. The encumbrance does not relate to any debt instruments such as debentures, commercial paper, or certificates of deposit. The entities named in the agreement include Anand Rathi Wealth Limited and Anand Rathi Financial Services Limited, with no other external entities involved.

Promoter Shareholding in Anand Rathi Wealth Limited

ARFSL holds 1,65,34,758 equity shares in Anand Rathi Wealth Limited, representing 19.92% of the total share capital. The broader promoter group includes several individuals and entities, as detailed below:

Among other promoter entities, Asha Kailash Biyani holds 4,500 shares (0.01%) with a previously encumbered holding of 4,500 shares (0.01%), Anand Rathi IT Private Limited holds 2,97,706 shares (0.36%) with a previously encumbered holding of 97,000 shares (0.11%), and Aqua Proof Wall Plast Private Limited holds 1,24,702 shares (0.15%) with a previously encumbered holding of 1,24,500 shares (0.15%). These previously encumbered shares are not related to the current encumbrance events.

Regulatory Context

The disclosure was made in compliance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters to report any creation, release, or invocation of encumbrance on shares held in a listed target company. The reporting date for this disclosure is May 11, 2026, and the filing was submitted to both the National Stock Exchange of India Limited and BSE Limited.

Anand Rathi Wealth Limited has notified the stock exchanges of an upcoming Group of Individual Investors meeting, scheduled for Monday, May 11, 2026. The intimation, bearing reference number 27/2026-27 and dated May 05, 2026, was filed pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor Meeting Details

The company has scheduled the interaction in the form of a webinar, as outlined in the regulatory filing. The key details of the meeting are as follows:

The company has noted that changes to the schedule may occur due to exigencies on the part of the participants or the company.

Disclosure and Compliance

Anand Rathi Wealth has affirmed that all discussions during the webinar will be based on publicly available information. The company has explicitly stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the interaction. The filing was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

The intimation was signed by Pravin Jogani, Company Secretary & Compliance Officer of Anand Rathi Wealth Limited.