Announced Mon, 14 Sept, 2026 · 16:46 IST
Anand Rathi subsidiary gets IFSCA fund management registration at GIFT City
ANANDRATHI · price
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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹2210.00
prior close
₹2212.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.3-0.2-0.1-0.1-0.2+0.8-0.4-1.5-1.9-3.8———
Up moveDown movePending
AI summary
Anand Rathi Wealth's wholly owned subsidiary ARFME has received a certificate of registration from IFSCA as a Registered Fund Management Entity (Non-retail) at IFSC, GIFT City, Gujarat. The subsidiary can now commence fund management activities there, following an in-principle approval received in July 2026. The licence is valid per IFSCA terms. Non-retail classification means catering to institutional and qualified investors, not the general public.
Likely market impact
Enables subsidiary to begin fund management at GIFT City, opening a new business line. Near-term financial impact likely modest.