Anand Rathi Share And Stock Brokers Ltd

πŸ’° Anand Rathi Invests Rs. 2 Cr in Subsidiary ARIVPL for Expansion

- Anand Rathi invests Rs. 2,00,00,000 in ARIVPL via a Rights Issue.

- ARIVPL allots 15,00,000 equity shares (FV Rs. 10 each) on June 16, 2026.

- Post-investment, total holding in ARIVPL stands at 1,29,27,600 shares (100% subsidiary).

- Turnover data: Rs. 0.50 Cr (FY2026), Rs. 1.95 Cr (FY2025), Rs. 0.20 Cr (FY2024).

- Strategic move aligns with financial services expansion goals.

- Transaction deemed arm’s length, no change in shareholding.

- ARIVPL offers wealth management, investment advisory & insurance services.