Anand Rathi Share and Stock Brokers Limited has informed the Exchange about Update regarding Fraud
ARSSBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Anand Rathi Share and Stock Brokers Limited has provided an update on a previously reported fraud case involving an off-market transfer of shares. The company has restored shares worth approximately Rs. 12.15 crores by re-transferring them to a Pune-based client. The re-transfer was carried out following directions issued by CDSL (Central Depository Services India Limited). The financial impact is limited to this amount only, with no material impact on the company's operations, profitability, or overall financial position. This is an update to earlier intimations dated February 6, 2026 and March 17, 2026.
The fraud appears to have been resolved through restoration of shares with no further material financial impact on the company, which may be viewed neutrally to slightly positively as the issue is being addressed.