Anand Rathi Wealth Ltd recommends 1:1 bonus issue

The Board of Directors of Anand Rathi Wealth Limited at its meeting held on 09th April, 2026, has recommended Issuance of Bonus Shares by way of capitalization of reserves, in ratio of 1:1 i.e. 1(One) new fully paid-up Equity Shares of Rs. 5/- (Rupees Five only) each for every 1(One) existing fully paid-up Equity Shares of Rs. 5/- (Rupees Five only) each held by the eligible shareholders as on the Record Date, subject to shareholders approval and any other applicable regulatory and statutory approvals. The record date will be announced later.

The board also approved increase in Authorized Share capital of the Company from Rs. 50,00,00,000/- (Rupees Fifty Crores Only) divided into 10,00,00,000 (Ten Crores) Equity Shares of Rs. 5/- each to Rs. 100,00,00,000/- (Rupees One Hundred Crores Only) divided into 20,00,00,000 (Twenty Crore Only) Equity Shares of Rs. 5/- each and consequent alteration of Clause V of Memorandum of Association of the Company subject to the shareholders' approval of the Company and other applicable regulatory and statutory approvals.

Shares of Anand Rathi Wealth Ltd was last trading in BSE at Rs. 3548.90 as compared to the previous close of Rs. 3397.80. The total number of shares traded during the day was 42446 in over 4351 trades.

The stock hit an intraday high of Rs. 3576.75 and intraday low of 3348.35. The net turnover during the day was Rs. 147321252.00.

Source : Equity Bulls

Keywords

AnandRathiWealth INE463V01026 WealthManagement Brokerage BonusIssue 1For1