Subscribes Rs 1.5 cr in wholly owned subsidiary ARIVPL via rights issue
ARSSBL · price
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Anand Rathi Share and Stock Brokers has been allotted 15,00,000 equity shares of Rs. 10 each (Rs. 1.5 crore total) in its wholly owned subsidiary Anand Rathi International Ventures (IFSC) Pvt Ltd (ARIVPL) through a rights issue on June 16, 2026. Post-allotment, the company holds 1,29,27,600 shares in ARIVPL, which remains 100% wholly owned. ARIVPL is a trading member at GIFT City IFSC exchanges, offering international investing and insurance distribution. Its turnover was Rs. 0.50 cr in FY26, Rs. 1.95 cr in FY25. The investment is for business expansion and is a related party transaction at arm's length.
Small capital infusion into subsidiary for expansion; no change in parent's shareholding % or consolidation scope.