Anand Rathi Financial Services Limited announced the creation of a pledge on equity shares of Anand Rathi Wealth Limited on February 2, 2026. The pledge involves 3,45,000 shares, representing 0.42% of the total share capital of Anand Rathi Wealth. These shares are pledged in favor of Suresh Rathi Securities Private Limited to avail margin limits.
Pledge Creation Details
Anand Rathi Financial Services Limited has created a pledge on 3,45,000 equity shares of Anand Rathi Wealth Limited. This creation of pledge occurred on February 2, 2026.
Shareholding and Impact
The pledged shares constitute 0.42% of the total share capital of Anand Rathi Wealth Limited. Following this pledge, the total encumbered shares held by Anand Rathi Financial Services Limited amount to 6,65,000 shares, representing 0.80% of the total share capital.
Reason for Encumbrance
The pledge was created in favor of Suresh Rathi Securities Private Limited. Anand Rathi Financial Services Limited pledged these shares to avail margin limits. The value of shares on the date of the event is Rs. 99,96,37,500/-, against which Rs. 87,96,81,000/- has been encumbered.
Promoter Shareholding
As of February 2, 2026, Anand Rathi Financial Services Limited holds 1,65,34,758 shares in Anand Rathi Wealth Limited, representing 19.92% of the total share capital. The encumbered shares as a percentage of promoter shareholding is 4.02% (including earlier encumbrance).
Source: BSE
