Anand Rathi Financial Services Limited announced the creation of a pledge on equity shares of Anand Rathi Wealth Limited on February 2, 2026. The encumbrance involves 3,45,000 shares, representing 0.42% of the total share capital of Anand Rathi Wealth Limited. These shares are pledged in favor of Suresh Rathi Securities Private Limited to avail margin limits.
Share Encumbrance Details
On February 2, 2026, Anand Rathi Financial Services Limited created a pledge on 3,45,000 equity shares of Anand Rathi Wealth Limited. This encumbrance represents 0.42% of the total share capital of Anand Rathi Wealth Limited.
Purpose of Encumbrance
The pledge was created in favor of Suresh Rathi Securities Private Limited for the purpose of availing margin limits.
Impact on Shareholding
Following this encumbrance, the total number of encumbered shares held by Anand Rathi Financial Services Limited in Anand Rathi Wealth Limited is 6,65,000 shares, which constitutes 0.80% of the total share capital.
Promoter Shareholding
Anand Rathi Financial Services Limited holds 1,65,34,758 shares, which is 19.92% of total shares. Encumbered shares as a percentage of promoter shareholding is 4.02% (including previous encumbrances).
Additional Details
The value of shares on the date of the event is Rs. 99,96,37,500/-, against which Rs. 87,96,81,000/- have been encumbered. The ratio of A/B is 1.14.
Source: BSE
