ANANDRATHINSEAnand Rathi Wealth LimitedMediumNeutral
Announced Mon, 12 Jan · 19:45 IST

Anand Rathi Wealth Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

ANANDRATHI · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Anand Rathi Wealth reported strong Q3 FY26 results with consolidated revenue from operations rising to Rs. 28,962.39 lakhs (up ~22% YoY from Rs. 23,703.99 lakhs). Net profit grew to Rs. 10,018.67 lakhs (up ~30% YoY from Rs. 7,730.12 lakhs), while 9M FY26 net profit stood at Rs. 29,399.28 lakhs versus Rs. 22,705.40 lakhs in the year-ago period. The board approved Q3 results along with the appointment of three new Non-Executive Independent Directors — Adesh Kumar Gupta (ex-CFO of Grasim Industries), Debasish Panda (ex-IRDAI Chairman), and Deena Asit Mehta (former BSE President) — each for a 5-year term. CEO Rakesh Rawal was re-appointed for a further 3 years (April 2026 to March 2029). The company also granted 12,45,309 ESOPs under its ARWL ESOP 2025 plan, shifted its registered office to Lower Parel in Mumbai, and noted the sale of its subsidiary Freedom Wealth Solutions, now classified as a discontinued operation.

Likely market impact

Solid Q3 earnings growth (~30% YoY in net profit) reinforces the company's strong operating momentum and should support investor sentiment. The addition of three high-profile independent directors strengthens board governance, and the CEO re-appointment provides leadership continuity, both of which are positive signals for long-term shareholders.