Anand Rathi Financial Services Limited, a promoter of Anand Rathi Wealth Limited, has reported the creation of a pledge over 20,78,000 shares. This transaction, representing 2.51% of the total share capital, was finalized on March 30, 2026. The shares have been pledged in favour of Suresh Rathi Securities Private Limited and Orbis Financial Corporation Limited, specifically to avail margin limits for operational purposes.
Details of Share Pledge
The promoter group, Anand Rathi Financial Services Limited, has encumbered a portion of its holding in Anand Rathi Wealth Limited. As of the filing, the total promoter shareholding stands at 1,65,34,758 shares, which constitutes 19.92% of the total company share capital. The newly pledged 20,78,000 shares account for 23.36% of the total promoter shareholding.
Purpose and Security Cover
The pledge was executed on March 30, 2026, to secure margin limits for the promoter entity. The value of the pledged shares at the time of the agreement was Rs. 630.69 crore, provided against an amount involved of Rs. 555.01 crore. This results in a security cover ratio of 1.14, reflecting the collateralized value maintained for the transaction.
Counterparty Information
The shares have been pledged in favour of two entities: Suresh Rathi Securities Private Limited and Orbis Financial Corporation Limited. Both entities operate as broking firms. The disclosure confirms that the arrangement does not involve debt instruments such as debentures or commercial paper, and it is strictly limited to the facilitation of margin limits for the promoter entity.
Source: BSE
