Anand Rathi Financial Services reduces stake in Anand Rathi Wealth

Anand Rathi Financial Services Limited has reduced its shareholding in Anand Rathi Wealth Limited through an open market sale on May 29, 2026. The transaction involved the disposal of 14,46,000 equity shares, constituting 1.74% of the target company's total share capital. Following this sale, the acquirer's stake has decreased to 18.17%, down from a previous holding of 19.92%.

The disclosure was submitted to the stock exchanges on June 2, 2026, by Divyani Shah, an authorized signatory, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Anand Rathi Financial Services Limited is classified as a promoter of Anand Rathi Wealth Limited. The total voting capital of the target company remained unchanged at 8,30,20,634 shares before and after the transaction, while the total diluted share capital stood at 8,42,60,634.

Shareholding Details

The table below outlines the changes in the shareholding pattern of Anand Rathi Financial Services Limited in Anand Rathi Wealth Limited:

Particulars	Number of Shares	% of Total Share Capital	% of Total Diluted Share Capital
Holding Before Sale
Shares carrying voting rights	1,65,34,758	19.92%	19.62%
Transaction Details
Shares sold	14,46,000	1.74%	1.72%
Holding After Sale
Shares carrying voting rights	1,50,88,758	18.17%	17.91%

The sale was executed entirely through the open market mechanism. The filing confirms that no other categories of securities, such as warrants or convertible instruments, were involved in the transaction. The updated shareholding reflects the promoter's reduced exposure to the wealth management firm.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.33%	-1.17%	-4.08%	+21.90%	+74.44%	+1,086.30%

Anand Rathi Financial Services Limited created a pledge on 4,85,000 equity shares, representing 0.58% of the total share capital, on May 29, 2026. The disclosure, submitted to the National Stock Exchange of India Limited and BSE Limited on June 2, 2026, under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms the creation of collateral with Yes Bank Limited. Following this transaction, the total encumbered shares held by ARFSL stand at 38,63,000, accounting for 4.65% of the total share capital.

Pledge Creation Details

The filing details the creation of a pledge involving Yes Bank Limited. The purpose of the encumbrance was stated as the creation of collateral with another broker. The table below summarises the key parameters of the encumbrance event:

Parameter:	Details
Promoter:	Anand Rathi Financial Services Limited
Type of Event:	Creation of Pledge
Date:	May 29, 2026
Shares Involved:	4,85,000
% of Share Capital:	0.58%
Entity in Favour (Creation):	Yes Bank Limited
Post-Event Encumbered Shares:	38,63,000 (4.65%)

Promoter Shareholding and Encumbrance Status

ARFSL holds 1,50,88,758 equity shares in Anand Rathi Wealth Limited, which constitutes 18.17% of the total share capital. The disclosure confirms that the encumbered shares do not constitute 50% or more of the promoter's shareholding, nor do they represent 20% or more of the total share capital of the listed company. The broader promoter group includes key entities and individuals such as Anand Rathi, Pradeep Kumar Gupta, and Jaipur Securities Private Limited.

Security Cover and End Use

The filing provides specific financial metrics regarding the encumbrance. The value of the shares on the date of the event was Rs. 172,91,22,000/-, against an amount involved of Rs. 154,25,49,736/-, resulting in a security cover ratio of 1.12. The borrowed amount is being utilized for margin limits, and the collateral is being shifted to another broker.