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 Ltd, has re-submitted a corrected disclosure to BSE and NSE regarding encumbrance on its equity shares. The original filing dated May 29, 2026 contained inadvertent reporting errors in the opening and closing encumbrance balances, stemming from confusion between government securities and pledged equity shares. The revised disclosure still confirms the release of 4,85,000 pledged shares (0.58% of total share capital) on May 27, 2026 from Bajaj Financial Securities Limited, with the reason being shifting of collateral to another broker. ARFSL's total promoter holding stands at 1,65,34,758 shares (19.92%), of which 23.82% is encumbered – well below the 50% promoter-holding threshold and below the 20% of total share capital threshold.
This is essentially a clerical correction to a prior filing and does not change the underlying promoter shareholding. The pledged share release is for internal collateral reshuffling between brokers, not a sale or stress event. No meaningful impact on stock price or minority shareholders.