Anand Rathi Wealth has divested its stake in Freedom Wealth Solutions Private Limited, a non-material subsidiary, for ₹5.37 crore. The transaction involved the sale of 23,71,625 equity shares to Aqua Proof Wall Plast Private Limited. This sale, formalized on December 18, 2025, is part of the company’s strategic initiatives.
Stake Divestment
Anand Rathi Wealth announced the sale of its equity stake in Freedom Wealth Solutions Private Limited. The agreement was executed on December 18, 2025, with Aqua Proof Wall Plast Private Limited as the buyer.
Transaction Details
The sale involved 23,71,625 equity shares of Freedom Wealth Solutions, each with a face value of ₹10. The total consideration for this transaction amounted to ₹5.37 crore. Freedom Wealth Solutions is classified as a non-material subsidiary of Anand Rathi Wealth.
Buyer Information
The buyer, Aqua Proof Wall Plast Private Limited, is associated with the promoter group of Anand Rathi Wealth. The transaction is considered a related party transaction but was conducted at arm’s length.
Financial Impact
The total income contributed by Freedom Wealth Solutions as a subsidiary was ₹40.63 Lakhs, representing 0.04% of Anand Rathi Wealth’s total income. The net worth of the subsidiary was ₹588.14 Lakhs.
Source: BSE
