Anand Rathi Shareholders' Meeting Set for June 30, 2026; Directors Re-appointed and Share Capital Increased

Anand Rathi Shareholders' Meeting Set for June 30, 2026; Directors Re-appointed and Share Capital Increased​

Anand Rathi Share and Stock Brokers Limited has scheduled its 35th Annual General Meeting (AGM) on Tuesday, June 30, 2026. The meeting will be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM). Members interested in attending the AGM must note that the company's register of members and share transfer books will be closed from Monday, June 15, 2026, to Tuesday, June 30, 2026.

The agenda for the AGM includes approving the financial statements for the Financial Year (FY) ended March 31, 2026, and addressing several key governance updates, including the re-appointment of directors and significant changes to the company's capital structure.

Key Board and Governance Appointments​

The shareholders will be asked to approve multiple appointments concerning the operational and compliance framework of the company:

• Statutory Audit: M/s R Kabra & Co. LLP, Chartered Accountants (FRN: 104502W/W100721), is recommended for re-appointment as the Statutory Auditors for a second term of five consecutive years. This tenure will extend from the conclusion of the AGM until the completion of the 40th AGM in the financial year 2030-31. The proposed remuneration for the next financial year (2026-27) is ₹28,00,000/- per annum, excluding GST and reimbursement.
• Secretarial Audit: Ms Shruti Somani, Peer Reviewed Practising Company Secretary (COP No. 22487), is proposed for appointment as the Secretarial Auditor for a period of five consecutive financial years, beginning from the conclusion of the AGM until the 40th AGM (FY 2030-31). The proposed fee for the first year is ₹90,000/- per annum.
• Director Re-appointments: Both Mr Roop Kishor Bhootra and Mr Vishal Jugal Laddha are up for re-appointment as Whole Time Directors of the company.

Financials and Director Remuneration Details​

The AGM will address the financial performance and remuneration structure for senior management:

Corporate Structure and Employee Stock Option Plan​

The company is proposing significant changes to its capital structure alongside the introduction of a new Employee Stock Option Plan (ESOP).

Authorized Share Capital Increase:
The Board recommends an Ordinary Resolution to increase the Authorized Share Capital from ₹33,00,00,000/- (Rupees Thirty-Three Crores only) to ₹35,00,00,000/- (Rupees Thirty-Five Crores only). This increase involves adding 6,95,00,000 Equity Shares of ₹5/- each and 5,00,000 Redeemable Preference Shares of ₹5/- each.

ESOP 2026:
The company has approved the ARSSBL Employee Stock Option Plan 2026 (ESOP 2026). This plan is designed to reward employees for their performance and retention. The total number of options available under ESOP 2026, initially set at ₹5/- per equity share, does not exceed 20,00,000 (Twenty Lakhs) options, convertible into the equivalent number of equity shares.

In addition to the plan for domestic employees, shareholders are seeking approval to extend the benefits of ESOP 2026 to eligible employees of any holding or subsidiary companies of Anand Rathi Share and Stock Brokers Limited.

AGM Logistics and Dividend Payment Details​

The company is also set to declare a final dividend for FY 2025-26, subject to approval at the AGM. The records for this dividend are fixed on Tuesday, June 23, 2026.

Key Dates Summary:

ARSSBL Stock Price Movement​

Anand Rathi Share and Stock Brokers Limited shares slipped by 0.20% on Friday, closing at ₹524.75. The equity traded for a total of 212,385 shares during the session.