Anand Rathi Share and Stock Brokers Limited Reports Fraudulent Share Transfer, FIR Registered
March 17, 2026 – Anand Rathi Share and Stock Brokers Limited announced that the Deccan Police Station in Pune has registered a First Information Report (FIR) regarding an off-market transfer of shares, following an initial complaint filed with the Pune Police station and N.M. Joshi Police Station. The incident, which involves approximately Rs. 13 crore, was initially reported on February 6, 2026.The FIR was registered on March 16, 2026, at 8:41 P.M.
According to an annexure detailing the event, the estimated impact on the listed entity is approximately Rs. 13 crore. Investigations are underway to determine the individuals involved. The company has indicated that it has identified and is implementing corrective measures in response to the fraudulent activity.
Here's a summary of details regarding the incident:
| Sr. No. | Details of Events | Information |
|---|---|---|
| 1 | Nature of Fraud/ Default/ Arrest | Off-Market Transfer of Shares |
| 2 | Estimated Impact | Approx. Rs. 13 crores |
| 3 | Time of Occurrence | March 16, 2026, at 8:41 P.M. |
| 4 | Person(s) involved | Further Investigations are underway |
| 5 | Estimated amount involved | Approx. Rs. 13 crores |
| 6 | Reporting to authorities | Yes, FIR registered by Deccan Police Station, Pune. |
| 7 | Corrective measures | Investigations are underway, and necessary corrective actions have been identified and are at various stages of implementation. |
Anand Rathi Share and Stock Brokers Limited will provide further updates on the matter as they become available, in accordance with regulatory requirements.
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