Additional client defrauded via off-market share transfer; Rs 9.35 cr involved

Fraud confirmedRegulatory & Legal View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.9%Reaction day

₹528.00

prior close

₹523.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-1.4% vs market

Stockbroking & Allied peers, median of 37sector-1.1%-1.8% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.8 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

-0.1

15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9-1.4-1.4-1.1-1.8

Next day

-3.1-2.5-0.6-1.6-1.6

+2.3+0.4+1.9+1.5+0.8

+4.4+2.2+2.2+3.3+1.1

+2.9+2.7+0.2+3.1-0.2

+3.2+3.9-0.6+3.3-0.1

+5.7+5.2+0.5+3.8+1.9

15d

+8.0+6.5+1.5+4.2+3.8

+7.9+6.9+1.0+3.9+4.0

-5.0+9.1-14.2+2.0-7.1

-4.7+11.6-16.3+1.4-6.1

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Anand Rathi Share and Stock Brokers informed the exchange about an update on the ongoing fraud probe. One more client has been defrauded through off-market share transfers labelled as Gift. The incident relates to depository activities, not broking. Estimated amount involved is about Rs. 9.35 crores. EOW Pune is investigating. The client is unaware and will be informed by the company.

Likely market impact

Negative sentiment likely. Fraud in depository activities may raise governance concerns and pressure the stock despite broking being unaffected.