Anand Rathi Wealth Announces Bonus Equity Share Allotment, Boosting Capital Base
Anand Rathi Wealth Ltd has approved the issuance of bonus equity shares, effectively doubling its paid-up capital base following shareholder approval. The company announced the allotment on June 04, 2026, confirming a major expansion in its shareholding structure.The Board of Directors had initially recommended the issuance of Bonus Equity Shares on April 09, 2026. This recommendation was subsequently ratified by shareholders at the Annual General Meeting held on May 21, 2026.
Following the approval, the company’s Bonus Allotment Committee met on June 04, 2026, to approve the allotment process. The allotment provides eligible shareholders with a new fully paid-up equity share for every existing share, adhering to a 1:1 ratio. The record date for this entitlement was fixed as June 03, 2026.
The total number of bonus equity shares allotted amounted to 8,30,20,634. These newly issued shares are fully paid-up and will be credited within the statutory time limits.
Capital Structure Post Allotment
The allotment results in a significant increase in the company's paid-up Equity Share Capital. The financial figures detailing the capital structure before and after the bonus issue are as follows:| Particulars | Pre-Bonus Issue | Post-Bonus Issue |
|---|---|---|
| Number of Shares | 8,30,20,634 | 16,60,41,268 |
| Face Value per Share | Rs. 5/- | Rs. 5/- |
| Total Amount | Rs. 41,51,03,170/- | Rs. 83,02,06,340/- |
The fully paid-up Bonus Equity Shares carry the same rights as existing equity shares of the company following the allotment.
ANANDRATHI Stock Price Movement
As of 9:35 AM, Anand Rathi Wealth Limited shares are shedding value as they trade down by 1.95% in live trading, currently priced at ₹1750.3. The equity has lost ₹34.90 so far into the session and is being traded on a volume of 23,831 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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