Anand Rathi Brokers Restore Shares Worth Approximately Rs. 12.15 Crores Following Fraud Recovery
Anand Rathi Share And Stock Brokers Ltd announced that it has restored shares aggregating to approximately Rs. 12.15 crores. This action follows the reporting of an off-market transfer of shares previously noted in February 2026.The company stated that the re-transfer of these shares was completed by re-transferring them to a Pune based client. This action was carried out in accordance with the directions issued by Central Depository Services (India) Limited (CDSL) and aims to maintain a positive relationship with the client.
Financial Details of the Recovery
The financial impact of the incident is specified as being limited to the amount involved in the fraud or default. The company confirmed that, apart from this amount, there is no further material impact on its operations, overall financial position, or profitability.The details regarding the fraud recovery and financial impact are summarized below:
| Detail Category | Description | Financial Impact / Status |
|---|---|---|
| Amount Involved in Fraud/Default | Actual amount involved in the fraud or default. | Rs. 12.15 crores approximately |
| Impact on Entity | Financial impact on the company. | Limited to approximately Rs. 12.15 crores. No further material impact on operations or profitability. |
| Corrective Measure Taken | Shares restored by re-transferring them to a Pune based client. | Shares aggregating to approximately Rs. 12.15 crores were restored. |
Anand Rathi confirmed that the company has taken necessary steps in line with applicable directions issued by CDSL, and the impact is restricted solely to the aforesaid amount.
ARSSBL Stock Price Movement
Today, Anand Rathi Share and Stock Brokers Limited shares edged higher to close at ₹581.4, gaining 1.00% for the day. The stock settled on robust trading, with a total volume recorded of 215,222 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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