Anand Rathi Wealth has officially announced the issuance of 8,30,20,634 bonus equity shares in a 1:1 ratio. Following shareholder approval, the company has set June 3, 2026, as the record date to determine eligible shareholders. This corporate action will result in every existing shareholder receiving one additional fully paid-up equity share for every share held, with the new shares expected to be available for trading by June 5, 2026.
Bonus Share Issuance Details
Following the Annual General Meeting held on May 21, 2026, Anand Rathi Wealth has received the necessary approvals to proceed with its bonus share issuance. The company will issue 8,30,20,634 new equity shares, each with a face value of Rs. 5/-. This initiative is designed to reward existing shareholders by doubling their equity stake in the company through the 1:1 bonus ratio.
Key Dates for Shareholders
Investors should take note of the following critical timeline for the bonus allotment process:
- Record Date: Wednesday, June 3, 2026. Only shareholders holding shares on this date will be eligible for the bonus allotment.
- Deemed Date of Allotment: Thursday, June 4, 2026, marking the official allotment date.
- Trading Commencement: The new bonus shares are scheduled to be available for trading on the stock exchanges effective from Friday, June 5, 2026.
Operational Next Steps
The company is committed to ensuring a seamless transition for its investors. The management has confirmed that all requisite documentation will be submitted to the depository system well in advance. Shareholders can expect the credit of bonus shares to their respective depository accounts to be completed in accordance with the stipulated timeline, ensuring that the new shares are fully liquid and ready for market participation by the commencement of trading on June 5, 2026.
Source: BSE
