Anand Rathi Wealth Limited has disclosed details regarding the encumbrance of promoter shares. The disclosure, dated June 02, 2026, outlines the pledge of 4,85,000 shares, representing 0.58% of the total share capital, with Yes Bank Limited. The encumbrance was created on May 29, 2026, and is primarily for the purpose of availing margin limits.
Promoter Share Encumbrance Details
Anand Rathi Wealth Limited has provided a comprehensive disclosure regarding the encumbrance of its promoter shares. This disclosure, in accordance with regulatory requirements, details the nature and extent of shares pledged by the promoter entities.
Encumbrance Specifics
The listed company is Anand Rathi Wealth Limited, with shares traded on the National Stock Exchange of India Limited and BSE Limited. The promoter group entity whose shares have been encumbered is Anand Rathi Financial Services Limited.
The total promoter shareholding in the listed company amounts to 1,50,88,758 shares, which represents 18.17% of the total share capital. Of this, 25.60% of promoter shareholding is currently encumbered, considering both earlier and current encumbrances.
Details of Existing Encumbrance
A specific encumbrance, classified as a Pledge, was created on May 29, 2026. This involves the creation of a pledge for 4,85,000 shares. These shares constitute 0.58% of the total share capital of the company.
The shares have been pledged with Yes Bank Limited. The entity, Yes Bank Limited, is confirmed to be a scheduled commercial bank.
The agreement involves Anand Rathi Wealth Limited and its group companies, specifically Anand Rathi Financial Services Limited. There are no other listed entities involved in this specific agreement.
This encumbrance is not related to any debt instruments such as debentures or commercial papers.
Security Cover and End Use
The value of shares on the date of the event/agreement is Rs. 172,91,22,000/-. The amount involved against which these shares have been encumbered is Rs. 154,25,49,736/-. The ratio of security cover (A/B) is 1.12.
The borrowed amount is utilized for any other reason. Specifically, Anand Rathi Financial Services Limited pledged the said shares for availing Margin Limits, and this collateral is now being shifted to another broker.
Declaration
The disclosure is made by Anand Rathi Financial Services Limited, acting through its Company Secretary, Divyani Shah. The document is dated June 02, 2026.
Source: BSE
