Anand Rathi Wealth Limited has completed the sale of its stake in Freedom Wealth Solutions for ₹5.37 crore. This transaction marks a strategic divestment move by the wealth management company.

Transaction Details

The following table summarizes the key aspects of the stake sale:

Strategic Implications

This divestment by Anand Rathi Wealth represents part of the company's portfolio management activities. The sale of the stake in Freedom Wealth Solutions demonstrates the company's active approach to optimizing its investment portfolio and realizing value from its holdings.

About the Companies

Anand Rathi Wealth Limited operates in the financial services sector, providing wealth management and advisory services. The company has been actively managing its investment portfolio, with this transaction being part of its ongoing business strategy.

Anand Rathi Wealth Limited, a leading wealth management firm, has announced robust financial results for the second quarter of fiscal year 2025-26 (Q2 FY26), demonstrating strong growth across key metrics. The company has also completed the divestment of its entire stake in a subsidiary.

Financial Highlights

The company reported impressive growth in its consolidated financial performance for Q2 FY26:

For the half-year period (H1 FY26), the company's performance remained strong:

Dividend Declaration

The Board of Directors has declared an interim dividend of Rs 6 per equity share (120% of face value of Rs 5 each) for FY2025-26. The record date for the dividend has been set as October 17, 2025.

Management Changes

Mr. Pravin Jogani has been appointed as the Company Secretary and Compliance Officer, effective October 13, 2025. Mr. Jogani brings experience from diverse sectors including financial services, manufacturing, retail, telecom, and ITES.

Strategic Expansion and Subsidiary Divestment

The Board has approved the incorporation of a subsidiary company in GIFT City, Gujarat, subject to regulatory approvals. This move signals the company's intent to expand its presence and potentially tap into new business opportunities.

In a significant development, the company has completed the divestment of its entire shareholding in Freedom Wealth Solutions Private Limited, a non-material subsidiary. The transaction was executed through a Share Purchase Agreement with Aqua Proof Wall Plast Private Limited on December 18, 2025.

The buyer, Aqua Proof Wall Plast Private Limited, is part of the promoter group of Anand Rathi Wealth Limited. The transaction has been conducted on an arm's length basis and falls within related party transactions as per regulatory requirements.

Subsidiary Performance Overview

Freedom Wealth Solutions Private Limited contributed minimally to the parent company's operations:

Operational Performance

The company's strong financial results reflect its robust operational performance and effective strategy execution. The significant increase in revenue and profitability indicates growing market share and improved operational efficiency.

Anand Rathi Wealth Limited's consistent growth trajectory, strategic initiatives, and portfolio optimization through divestment position it well for continued success in the wealth management sector. The completion of the subsidiary sale demonstrates the company's focus on streamlining operations and optimizing its business portfolio for enhanced shareholder value.