Anand Rathi Financial Services Limited has disclosed promoter share encumbrance details as of March 20, 2026, relating to its listed entity, Anand Rathi Wealth Limited (ARWL). The core event detailed is a Pledge creation on March 19, 2026, involving 4,85,000 shares (0.58% of capital) from Anand Rathi Financial Services Limited (ARFSL) in favor of Bajaj Financial Securities Limited. This pledge was executed for availing margin limits.
Encumbrance Filing Summary
This disclosure format details the creation, invocation, or release of share encumbrance by the Promoter(s) and Persons Acting in Concert (PACs) of Anand Rathi Financial Services Limited concerning shares of the target company, Anand Rathi Wealth Limited (ARWL) (ISIN: INE463V01026), listed on the NSE and BSE. The reporting date for this event is March 20, 2026.
Details of Share Pledge Creation
The primary event detailed is a Creation of Encumbrance (Pledge) executed on March 19, 2026:
- Promoter/PAC: Anand Rathi Financial Services Limited (ARFSL).
- Initial Holding (ARFSL): 1,65,34,758 shares (19.92%).
- Shares Pledged (Creation): 4,85,000 shares (1.57% of total share capital of ARWL).
- Reason: Pledged for availing the Margin Limits.
- Beneficiary: Bajaj Financial Securities Limited.
- Post Event Holding (ARFSL): Total encumbered shares are reported as 22,70,000 shares (2.73%) of ARWL capital.
A second pledge for 4,85,000 shares (0.58%) was also created in favor of Suresh Rathi Securities Private Limited by ARFSL.
Total Promoter and PAC Holdings and Encumbrances
The report lists extensive holdings across numerous related entities, totaling significant numbers against the total share capital of ARWL. Key holdings mentioned alongside the encumbrance activity include:
- Anand Rathi (Individual): Holding 82,76,890 shares (9.97%).
- Pradeep Kumar Gupta: Holding 36,75,684 shares (4.43%).
- Priti Pradeep Gupta: Holding 22,07,976 shares (2.66%).
- Pradeep Kumar Gupta HUF: Holding 14,88,524 shares (1.79%).
- Asha Kailash Biyani: Showing a small encumbrance event involving 4,500 shares (0.01%).
- Aqua Proof Wall Plast Insurance Brokers Limited: Showing an encumbrance involving 100,000 shares (0.120%).
The filing also lists numerous other related entities that constitute the promoter and PAC group, including various Investment, Finance, Advisory, and Real Estate entities within the broader Anand Rathi group structure.
Certification
The disclosure is certified by Divyanshi Shah, Company Secretary (Mem. No. A49954), for Anand Rathi Financial Services Limited, dated 20.03.2026 at Mumbai.
Source: BSE
