ANANTRAJNSEAnant Raj Limited· ConstructionMediumNeutral
Announced Mon, 11 May · 19:04 IST

Anant Raj Limited has informed the Exchange regarding Appointment of Mr. Anish Sarin as Additional Director designated as Whole-time Director of the company w.e.f. May 11, 2026.

Promoter Family Board EntryManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-7.6%1-day move
₹539.70
prior close
₹543.70
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AI summary

Anant Raj Limited's Board meeting on May 11, 2026 approved appointment of Mr. Anish Sarin as Additional Director (Whole-time Director) effective that date, subject to shareholder approval. The company reported strong FY 2025-26 results with consolidated revenue of Rs. 2,511.60 crore (up 22% YoY) and consolidated PAT of Rs. 557.02 crore (up 31% YoY). Standalone PAT was Rs. 298.39 crore (up 36% YoY). The Board recommended a final dividend of Rs. 1 per share (50% payout). Key strategic decisions include consideration of demerger of Real Estate and Data Center businesses into separate entities to unlock shareholder value, expansion of Data Center capacity to 357 MW with Rs. 20,000 crore investment, and increase in managerial remuneration for three Sarin family directors.

Likely market impact

The appointment of Anish Sarin strengthens the promoter family presence on the board. Strong financial results and dividend declaration are positive signals. The proposed demerger of Real Estate and Data Center businesses could unlock significant value for shareholders by enabling independent valuation of each segment.