The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on May ....
ANANDRATHI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Anand Rathi Financial Services Limited, holding 19.92% of Anand Rathi Wealth Limited (1,65,34,758 shares), has pledged 5,60,000 shares (0.67% of total share capital) with Yes Bank Limited on 20 May 2026. The encumbered shares represent 23.36% of the promoter shareholding, which is below both the 50% threshold of promoter holding and the 20% threshold of total share capital. The value of shares at the time of encumbrance is Rs. 199.73 crore against an amount involved of Rs. 178.18 crore (ratio 1.12x). The stated purpose is to avail Margin Limits. This is a routine pledge by the promoter for securing credit/borrowing facilities and does not indicate any distress or forced invocation.
The pledge is small relative to the promoter's total holding (23.36%) and well below alarming thresholds, so no immediate negative signal for shareholders. However, any increase in encumbrance or breach of margin terms could trigger concern.