Navaratan Mal Gupta HUF has disclosed an acquisition of shares in Anand Rathi Wealth Limited, increasing its total holding to 1.252% of the company’s voting capital. The transaction, conducted through an open market purchase on August 6, 2026, involves 20,78,968 shares. This disclosure is made as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating a minor shift in the promoter group’s consolidated shareholding.
Shareholding Disclosure
Navaratan Mal Gupta HUF has filed a disclosure regarding its shareholding in Anand Rathi Wealth Limited, pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure details a change in the holding of shares and voting rights in the target company, Anand Rathi Wealth Limited.
Acquisition Details
The acquisition took place on August 6, 2026, through the open market. Prior to this transaction, Navaratan Mal Gupta HUF held 2,55,000 shares, representing 0.153% of the total voting capital. Following the acquisition of 20,78,968 shares, the total holding of Navaratan Mal Gupta HUF in Anand Rathi Wealth Limited now stands at 20,78,968 shares, which constitutes 1.252% of the total share capital and 1.233% of the diluted share capital. The entity acquired these shares in its capacity as a promoter group member.
Target Company Information
Anand Rathi Wealth Limited is listed on both the BSE and NSE. The total equity share capital of the target company before and after the said acquisition is stated as 16,60,41,268 Equity Shares of Rs. 5 each. The total diluted share/voting capital after the transaction is 16,85,21,268 Equity Shares of Rs. 5 each.
Source: BSE