Anand Rathi Wealth has approved a 1:1 bonus share issue, meaning one new share for every existing share held.

The record date for eligible shareholders will be announced soon.

This will double the company's total outstanding equity shares from 8.30 Cr to 16.60 Cr (face value Rs. 5 each). The paid-up capital will increase from Rs 41.51 Cr to Rs 83.02 Cr, funded by reserves.

This move aims to enhance liquidity, boost market participation, and reward long-term shareholders.