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 March ....
ANANDRATHI · price
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Anand Rathi Financial Services Limited (promoter) created a fresh pledge on 9,70,000 equity shares (1.17% of total share capital) of Anand Rathi Wealth Limited on March 19, 2026, split equally between Bajaj Financial Securities Limited and Suresh Rathi Securities Private Limited. Post-event, total encumbered promoter shares stand at 13,00,000 shares (1.57% of total capital), with encumbered shares making up 13.73% of promoter shareholding — well below the 50% threshold. The purpose is purely to avail margin limits, with the amount involved at roughly Rs. 26.13 crore against a security cover of about Rs. 29.69 crore (cover ratio of 1.14). Promoter holding remains at 19.92% of total share capital after the pledge.
This is a routine margin-pledging activity by the promoter group against broking limits, not a distress signal or capital raise at the company level. Encumbrance levels stay well under regulatory thresholds, so there is no immediate concern for shareholders, though any further rise in pledged shares would warrant monitoring.