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 Ltd (ARFSL), a promoter of Anand Rathi Wealth Ltd, has pledged 6,35,000 equity shares (0.76% of total share capital) on March 4, 2026, in favour of Suresh Rathi Securities Pvt Ltd, a broking firm. The pledged shares are worth approximately Rs. 200 crore, with the loan/margin amount being about Rs. 176 crore, giving a security cover ratio of 1.14. Total promoter shareholding in ARWL stands at 1,65,34,758 shares or 19.92% of total share capital, of which encumbered shares are only 7.86%. The purpose stated is to avail margin limits, and this is not related to any debt instrument of the listed company. The encumbrance is well below the 50% promoter holding threshold and well below 20% of total share capital.
This is a routine pledge creation by the promoter to raise margin funding from a group broking entity. Since the pledged quantity is small (0.76% of capital) and covers only 7.86% of the promoter's own holding, the impact on the stock is likely minimal. No shares are being sold or invoked, and the promoter retains the vast majority of its stake unencumbered.