Anand Rathi Share and Stock Brokers Limited has informed the Exchange regarding Outcome of Board Meeting held on April 14, 2026 for Re-appointment of Whole Time Director
ARSSBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board meeting held on April 14, 2026 approved multiple items including audited financial results for FY2026. Standalone revenue grew to ₹9,315 million from ₹8,436 million, with net profit at ₹1,318 million (up 27% YoY). Two Whole Time Directors, Mr. Roop Kishor Bhootra and Mr. Vishal Jugal Laddha, were re-appointed for 3-year terms starting November 15, 2026, subject to shareholder approval. The board also recommended a 100% dividend (₹5 per share), increased authorized share capital from ₹33 crore to ₹35 crore, approved a new ESOP 2026 plan, and re-appointed statutory auditors. A ₹130 million contingent liability was disclosed due to a client's fraudulent off-market share transfer claim that is under investigation by the Economic Offences Wing.
The strong financial performance with 27% profit growth and shareholder-friendly moves (dividend, ESOP plan) are positive signals. The fraudulent transfer claim creates some regulatory and reputational risk but management states no systemic control failure occurred.