Filter announcements
Loading...
Anand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.
Anand Rathi Wealth's subsidiary secured initial clearance to launch a Fund Management Entity in GIFT City. This strategic move expands their reach in wealth management. Final approvals are in process.
Anand Rathi Wealth's Q1 results show PAT up 24% to ₹116 Cr, revenue up 18% to ₹336 Cr. AUM surpassed ₹1 lakh Cr, growing 21% to ₹1,06,300 Cr, fueled by ₹2,743 Cr net inflows. Active client families increased, and UK operations commenced.
Anand Rathi Wealth has allotted 8.30 crore bonus equity shares in a 1:1 ratio at Rs 5 face value, after shareholder approval. This action doubles the paid-up capital from Rs 41.51 Cr to Rs 83.02 Cr.
Anand Rathi Wealth's AGM approved a total FY26 dividend of Rs. 13 per share (Rs. 49.81 Cr interim + Rs. 58.11 Cr final). Shareholders also cleared a 1:1 bonus share issue and doubled authorized share capital from Rs. 50 Cr to Rs. 100 Cr, paving the way for future growth.
Anand Rathi Wealth's FY26 BRSR reported ₹1,107.48 Cr turnover and ₹1,025.06 Cr net worth. Key moves include a new IFSC subsidiary and a divestment, indicating strategic portfolio adjustments. Environmental initiatives earned BuffFree India certification, while zero fines affirm robust compliance.