Anand Rathi Wealth Limited has established a wholly-owned subsidiary in GIFT City, Gujarat, marking its strategic expansion into fund management operations within India's premier international financial services center.

Subsidiary Incorporation Details

The company incorporated Anand Rathi FME (IFSC) Private Limited on February 16, 2026, with the following capital structure:

Business Objectives and Regulatory Framework

Anand Rathi FME (IFSC) Private Limited will focus on fund management activities through the establishment of Alternate Investment Funds (AIFs). The subsidiary plans to apply for a Fund Management license under the International Financial Services Centres Authority (Fund Management) Regulations, 2025.

The new entity will seek necessary regulatory approvals from the International Financial Services Centres Authority (IFSCA) to carry out fund management business operations. As a newly incorporated company, it has yet to commence business operations.

Regulatory Compliance and Disclosure

The incorporation has been disclosed in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

As a wholly-owned subsidiary arrangement, the transaction does not fall under related party transaction requirements typically applicable to arm's length dealings with external entities. The information has been made available on the company's website at www.anandrathiwealth.in in compliance with Regulation 46(2) of SEBI Listing Regulations.

Strategic Positioning

The establishment of this subsidiary represents Anand Rathi Wealth Limited's entry into the GIFT City ecosystem, positioning the company to leverage the international financial services framework available within the special economic zone. The focus on AIF management aligns with the growing alternative investment market in India's financial services sector.

Anand Rathi Wealth Limited has issued a corrigendum on February 06, 2026, to correct a procedural matter in its postal ballot notice originally dated January 12, 2026. The corrigendum addresses the classification of a resolution concerning the re-appointment of the company's CEO.

Key Correction in Resolution Classification

The primary correction involves Item No. 1 of the postal ballot notice, which pertains to the re-appointment of Mr. Rakesh Rawal (DIN: 02839168) as Whole-time Director and CEO. The resolution was inadvertently proposed as an ordinary resolution but requires approval as a special resolution under the Companies Act.

Regulatory Compliance Requirements

The corrigendum clarifies that the re-appointment and remuneration terms for Mr. Rakesh Rawal require member approval through a special resolution. This correction aligns with provisions under Sections 196, 197, and other applicable sections of the Companies Act, read with Schedule V.

The explanatory statement has been updated to reflect:

• Item classification as Special Resolution
• Compliance with statutory provisions for CEO re-appointment
• Board recommendation for special resolution approval

Distribution and Availability

The corrigendum was circulated to company members on February 06, 2026, through electronic mode. The document is accessible through multiple platforms:

• Company website: www.anandrathiwealth.in
• BSE website: www.bseindia.com
• NSE website: www.nseindia.com
• MUFG Intime India Private Limited: www.in.mpms.mufg.com

Timeline and Documentation

The corrigendum forms an integral part of the original postal ballot notice and must be read in conjunction with the explanatory statement. All other contents of the postal ballot notice remain unchanged except for the specified corrections. The company has requested all stakeholders, including stock exchanges, depositories, and voting agencies, to note these changes for proper implementation of the voting process.