Anand Rathi Financial Services Pledges Shares in Anand Rathi Wealth Limited
March 20, 2026 – Anand Rathi Financial Services Limited (ARFSL) has pledged shares in Anand Rathi Wealth Limited (ARWL) for availing margin limits. The pledge, created on March 19, 2026, involves 9,70,000 shares, representing 1.17% of ARWL’s total share capital.ARFSL holds a total promoter shareholding of 1,65,34,758 shares, which represents 19.92% of ARWL’s total share capital. The encumbered shares represent 13.73% of ARFSL's total promoter shareholding.
The shares were pledged to Bajaj Financial Securities Limited and Suresh Rathi Securities Private Limited. Bajaj Financial Securities Limited is a broking firm.
The value of the shares on the date of the event was Rs. 2969218500, while the amount involved against which shares were encumbered was Rs. 2612912280. The ratio of these two figures is 1.14.
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