The Exchange has received the revised Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 ....
ANANDRATHI · price
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Anand Rathi Financial Services Limited (ARFSL), the promoter of Anand Rathi Wealth, has resubmitted a corrected disclosure of encumbrance on the company's shares to the exchanges. The original June 2, 2026 filing had misreported opening and closing encumbrance balances because a release of government securities was mistakenly shown as a release of pledged shares. The corrected event disclosed is the creation of a new pledge of 4,85,000 shares (0.58% of total share capital) on May 29, 2026 with Yes Bank Limited, taking ARFSL's total encumbered holding to 44,23,000 shares (5.33%). The pledge was created to shift collateral from one broker to another for availing margin limits. The value of the encumbered shares is about Rs. 172.91 crore against an underlying amount of Rs. 154.25 crore (cover ratio of 1.12).
This is essentially a clerical correction combined with a routine collateral reshuffle between brokers; the new pledge is small (0.58% of capital) and total promoter encumbrance stays well below 50% of promoter holding, so it is unlikely to materially affect shareholders or the share price.