Anand Rathi Wealth completes 1:1 bonus share allotment

1 min read     Updated on 05 Jun 2026, 04:33 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Anand Rathi Wealth Limited has allotted 8,30,20,634 bonus equity shares in a 1:1 ratio, doubling its paid-up capital to ₹83,02,06,340. The allotment was approved by the Bonus Allotment Committee on June 4, 2026, based on a record date of June 3, 2026, following shareholder approval at the AGM on May 21, 2026.

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Anand Rathi Wealth Limited has completed the allotment of 8,30,20,634 fully paid-up bonus equity shares in a 1:1 ratio, doubling its paid-up equity share capital. The Bonus Allotment Committee approved the issuance on June 4, 2026, for shareholders whose names appeared in the Register of Members or Register of Beneficial Owners as on the record date of June 3, 2026. Eligible shareholders received one new fully paid-up equity share of Rs. 5/- for every existing share held of the same value.

The issuance follows shareholder approval granted at the 31st Annual General Meeting held on May 21, 2026. The Board of Directors had initially recommended the bonus issue at its meeting on April 9, 2026. The bonus shares will be credited to the demat accounts of shareholders within statutory time limits, while shares for physical holders without demat details will be credited to a suspense escrow account.

Consequent to the allotment, the company's paid-up equity share capital has increased from ₹41,51,03,170 to ₹83,02,06,340. The capitalisation was funded from retained earnings, securities premium, and capital redemption reserve available for the financial year ended March 31, 2026.

Particulars No. of Shares Face Value (Rs.) Amount in Rs.
Paid-up Equity Share Capital (Pre-Bonus Issue) 8,30,20,634 5/- 41,51,03,170/-
Paid-up Equity Share Capital (Post-Bonus Issue) 16,60,41,268 5/- 83,02,06,340/-

The newly allotted bonus shares rank pari-passu with the existing equity shares and carry the same rights. The committee authorised Mr. Rajesh Bhutara, Chief Financial Officer, and Mr. Pravin Jogani, Company Secretary and Compliance Officer, to file necessary documents with the Registrar of Companies, SEBI, and stock exchanges to give effect to the resolution.

Historical Stock Returns for Anand Rathi Wealth

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%-1.69%-2.77%+19.51%+77.80%+1,101.80%

How will the doubling of equity shares impact Anand Rathi Wealth's earnings per share (EPS) and dividend payout policy moving forward?

What strategic initiatives does the company plan to undertake with the capitalization of reserves, and will this lead to increased liquidity in the stock?

How might the bonus issue influence investor sentiment and trading volumes for Anand Rathi Wealth in the near term?

Anand Rathi Financial Services reduces stake in Anand Rathi Wealth

1 min read     Updated on 03 Jun 2026, 10:34 AM
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Anirudha BScanX News Team
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Anand Rathi Financial Services Limited sold 14,46,000 equity shares in Anand Rathi Wealth Limited on May 29, 2026, reducing its holding to 18.17% from 19.92%. The transaction was executed via the open market and disclosed to exchanges on June 2, 2026, under SEBI regulations.

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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.

Historical Stock Returns for Anand Rathi Wealth

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%-1.69%-2.77%+19.51%+77.80%+1,101.80%

What are the strategic reasons behind Anand Rathi Financial Services' decision to reduce its stake at this time?

How might this divestment impact the governance and future strategic direction of Anand Rathi Wealth Limited?

Is there a likelihood of further stake sales by the promoter in the near future?

More News on Anand Rathi Wealth

1 Year Returns:+77.80%