Anand Rathi Wealth Limited has allotted 8,30,20,634 fully paid-up bonus equity shares in a 1:1 ratio, Anand Rathi Wealth informed stock exchanges on June 4, 2026. The bonus shares were issued by capitalisation of Rs 41.51 crore from Anand Rathi Wealth's retained earnings, securities premium account, and capital redemption reserve for the financial year ended March 31, 2026.
The Bonus Allotment Committee approved the issuance of one new fully paid-up equity share of Rs 5 for every one existing equity share of Rs 5 held by eligible shareholders. The record date for the bonus issue was fixed as June 3, 2026.
The bonus share issuance was first recommended by the board of directors on April 9, 2026. Shareholders subsequently approved the proposal at the 31st annual general meeting held on May 21, 2026.
Following the allotment, the paid-up equity share capital of Anand Rathi Wealth has increased to Rs 83.02 crore, comprising 16,60,41,268 equity shares of Rs 5 each. The pre-bonus paid-up capital stood at Rs 41.51 crore with 8,30,20,634 equity shares.
The newly allotted bonus equity shares will rank pari-passu in all respects with the existing equity shares and carry the same rights. The shares will be credited to shareholders' demat accounts within the statutory time limits. Shares of members holding equity shares in physical form will be credited to a suspense escrow demat account until transferred to their beneficiary accounts.
The bonus allotment committee meeting commenced at 9:00 AM and concluded at 9:10 AM on June 4, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.
