Aqua Proof Wall Plast Private Limited, a promoter group entity, has reported the creation of a pledge on its equity shares of Anand Rathi Wealth Limited (ARWL). The disclosure, dated March 13, 2026, details that 1,00,000 shares (constituting 0.1205% of the total capital) were pledged on March 11, 2026. The pledge was executed in favor of Bajaj Financial Securities Limited to secure margin limits.
Share Encumbrance Disclosure Filing
Aqua Proof Wall Plast Private Limited has formally informed the stock exchanges regarding an encumbrance created over its shareholding in Anand Rathi Wealth Limited (ARWL). This report is submitted pursuant to regulatory requirements concerning disclosures by promoter groups.
Details of the Pledge Creation
The reporting entity, Aqua Proof Wall Plast Private Limited, held 1,24,702 shares in ARWL, representing 0.1502% of the total capital prior to the event. A new encumbrance was created on March 11, 2026, specifically in the form of a Pledge.
The key figures associated with this creation are:
- Number of shares pledged: 1,00,000 shares.
- Percentage of total share capital pledged: 0.1205%.
- Resulting post-event holding: 1,24,500 shares (0.150%). (Note: The total holding decreased by 24,500 shares, as indicated in the annexure, implying that 24,500 shares from the promoter group’s total holding were pledged, resulting in the post-event figure shown.)
Beneficiary and Purpose
The shares were pledged in favor of Bajaj Financial Securities Limited. The disclosed reason for creating this security arrangement was to avail the Margin Limits, as confirmed in Annexure-II. The entity benefiting from the pledge is identified as a Broking Firm.
Valuation Context (As of March 11, 2026)
The disclosure provides context regarding the share valuation at the time of the agreement:
- Value of shares on the date of event (A): Rs. 7,72,30,125/-.
- Amount involved against which shares were encumbered (B): Rs. 6,41,00,000/-.
- The resulting Ratio of A/B stood at 1.20, indicating sufficient security cover for the borrowed amount used to avail margin facilities.
Promoter Group Shareholding Snapshot
The reporting entity is part of a large promoter group holding significant shares in ARWL. For instance, Anand Rathi (HUF) holds 19.92% (1,65,34,758 shares) of the total capital, while other members like Pradeep Kumar Gupta hold 4.43% (36,75,684 shares). The encumbered shareholding (0.1502%) represents almost 99.838% of the promoter group’s direct shareholding in the target company.
The filing was authorized by Nitesh Porwal, Director, on March 13, 2026.
Source: BSE
