Anand Rathi Wealth Limited's promoter group entity Aqua Proof Wall Plast Private Limited has formally disclosed the pledge of equity shares under SEBI regulatory requirements. The comprehensive disclosure was submitted to stock exchanges on March 13, 2026, detailing the pledge transaction executed on March 11, 2026.

Regulatory Disclosure Framework

Aqua Proof Wall Plast Private Limited submitted the mandatory disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was signed by Nitesh Porwal, Director (DIN: 02292709), and submitted to both National Stock Exchange of India Limited and BSE Limited.

Pledge Transaction Specifics

The pledge involves 1,00,000 equity shares of Anand Rathi Wealth Limited pledged to Bajaj Financial Securities Limited for availing margin limits. The pledged shares represent 0.1205% of the total share capital of the wealth management company.

Shareholding and Encumbrance Analysis

Prior to this pledge creation, Aqua Proof Wall Plast Private Limited held 1,24,702 shares representing 0.1502% of total share capital. The entity had previously encumbered 24,500 shares (0.0295% of total share capital), bringing the total encumbered shares to 1,24,500 shares post this transaction.

Financial Security Parameters

The disclosure reveals significant financial metrics demonstrating the security cover provided for the margin facility. The value of pledged shares on the transaction date was Rs.7,72,30,125, while the amount involved against which shares were encumbered stood at Rs.6,41,00,000, providing a security cover ratio of 1.20.

Compliance and Disclosure Requirements

The pledge represents 99.838% of Aqua Proof Wall Plast Private Limited's shareholding in Anand Rathi Wealth Limited, which exceeds the 50% threshold requiring detailed disclosure under SEBI regulations. However, the encumbered shares do not constitute 20% or more of the total share capital of the listed company, keeping it within permissible limits for such transactions.

Anand Rathi Financial Services Limited has disclosed the creation of a pledge on equity shares of Anand Rathi Wealth Limited under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on March 5, 2026.

Pledge Details

The co-promoter group entity pledged 6,35,000 equity shares of Anand Rathi Wealth Limited to Suresh Rathi Securities Private Limited on March 4, 2026. The pledge was created for the purpose of availing margin limits.

Promoter Holdings and Encumbrance

Anand Rathi Financial Services Limited holds 1,65,34,758 shares in Anand Rathi Wealth Limited, representing 19.92% of the total share capital. The current pledge, combined with earlier encumbrances, brings the total encumbered shares to 13,00,000, representing 1.57% of the total share capital.

Financial Details

The disclosure reveals specific financial parameters related to the pledge arrangement. The value of shares on the date of the event was Rs. 199,99,00,750, while the amount against which shares have been encumbered stands at Rs. 175,99,12,660, resulting in a security cover ratio of 1.14.

Regulatory Compliance

The encumbered shares represent 7.86% of the promoter shareholding, which is below the 50% threshold that would trigger additional regulatory requirements. Similarly, the encumbered shares constitute less than 20% of the total share capital of Anand Rathi Wealth Limited.

The disclosure was signed by Divyani Shah, Company Secretary (Mem. No. A49954) of Anand Rathi Financial Services Limited, and submitted from Mumbai on March 5, 2026. Suresh Rathi Securities Private Limited, the entity in whose favor the shares were pledged, operates as a broking firm.