Anand Rathi Wealth Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
ANANDRATHI · price
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Anand Rathi Wealth Limited has doubled its authorized share capital from Rs. 50 crore to Rs. 100 crore, as approved by shareholders at the 31st AGM held on May 21, 2026. The increase will be effected by creating 10 crore new equity shares of Rs. 5 each. This doubles the potential number of equity shares from 10 crore to 20 crore. The change also includes an expanded clause giving the company more flexibility to classify and re-classify shares into different classes with varying rights. The company filed this disclosure under SEBI Listing Regulation 30.
The doubling of authorized share capital gives the company headroom to issue new shares for future capital needs, acquisitions, or strategic purposes. While this does not immediately dilute existing shareholders, it signals potential future equity issuance. No immediate share price impact is expected.