Anand Rathi Wealth Limited has announced the reappointment of Rakesh Rawal as Whole-Time Director and Chief Executive Officer, ensuring leadership continuity at the wealth management firm.

Leadership Reappointment

The company has confirmed Rawal's continued role in the dual capacity of Whole-Time Director and CEO. This reappointment demonstrates the board's confidence in his leadership capabilities and strategic direction for the organization.

Executive Leadership Details

The reappointment ensures operational stability and strategic continuity for Anand Rathi Wealth Limited as the company maintains its focus on wealth management services. Rawal's continued leadership is expected to support the firm's ongoing business initiatives and operational excellence.

Anand Rathi Wealth Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, alongside significant board appointments and corporate developments. The board meeting held on January 12, 2026, approved multiple strategic decisions that strengthen the company's leadership structure and operational framework.

Financial Performance Highlights

The company delivered robust financial performance during Q3FY26, demonstrating continued growth momentum across key metrics.

The standalone financial results also showed strong performance with revenue from operations of ₹27,942.54 crores in Q3FY26 compared to ₹22,829.99 crores in Q3FY25, representing growth of 22.40%. Net profit after tax on a standalone basis reached ₹9,981.26 crores versus ₹7,570.30 crores in the previous year.

Strategic Board Appointments

The board approved the appointment of three distinguished professionals as Additional Directors in the category of Non-Executive Independent Directors, effective January 12, 2026, subject to shareholder approval.

New Independent Directors

Mr. Adesh Kumar Gupta brings extensive corporate strategy and M&A experience from his tenure at Aditya Birla Group, where he held various senior positions including Board positions across multiple companies. He currently serves as Independent Director on boards of Grasim Industries Ltd, Krsnaa Diagnostics Limited, and Anand Rathi Financial Services.

Mr. Debasish Panda, an IAS officer with expertise in financial services regulation, served as Secretary in the Department of Financial Services before joining IRDAI as Chairman. His regulatory experience spans health, family welfare, and financial services sectors.

Ms. Deena Asit Mehta is a pioneering figure in Indian capital markets, being the first woman to enter the BSE trading ring. She has over 150 board years of experience and has served on boards of BSE, CDSL, ITI Ltd, and National Payments Corporation of India (NPCI).

Leadership Continuity

The board approved the reappointment of Mr. Rakesh Rawal as Whole-time Director and CEO for a three-year term from April 1, 2026, to March 31, 2029, subject to shareholder approval. Mr. Rawal, a B.Tech from IIT Kanpur and MBA from JBIMS, has been instrumental in building the company's Private Wealth Management business since joining in 2007.

Employee Stock Option Plan

The Nomination and Remuneration Committee granted 12,45,309 Employee Stock Options to eligible employees under the "ARWL-ESOP 2025" plan. The options carry an exercise price of ₹5 and will vest over four years starting January 12, 2027.

Corporate Developments

The company approved shifting its registered office from Goregaon (East) to Lower Parel, Mumbai, effective January 12, 2026. The new address is Floor No. 2, Block B & C, E wing, Trade Link, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013.

During the period, the company completed the sale of its entire shareholding in Freedom Wealth Solutions Private Limited, which has been classified as a discontinued operation. The company also operates through its subsidiary Anand Rathi Wealth UK Limited, incorporated in February 2025, though operations are yet to commence.