Anand Rathi Wealth approves Rs 100 crore authorised capital increase and bonus share issuance

Arunika Jain — Thu, 21 May 2026 16:35:02 +0000

Anand Rathi Wealth Limited shareholders have approved a significant expansion of the company’s authorised share capital and authorised a bonus share issuance at the company’s 31st Annual General Meeting held on Thursday, 21 May 2026.

At the meeting, held virtually via video conferencing, shareholders passed five ordinary and special resolutions covering key corporate actions. The most substantial resolution increased the company’s authorised share capital from ₹50 crores to ₹100 crores, representing a doubling of the capital base. The increase comprises the creation of 10 crores new equity shares of ₹5 each, bringing total authorised shares from 10 crores to 20 crores.

The memorandum of association clause relating to authorised share capital has been amended to reflect this expansion. The board and company officials have been authorised to file necessary forms with the Registrar of Companies and undertake all required actions to implement the capital increase.

Shareholders also approved the issuance of bonus shares in accordance with Section 63 of the Companies Act, 2013, and relevant rules governing share capital and debentures. The specific terms and ratio of the bonus issuance were not detailed in the resolution text provided in the AGM documents.

On dividend matters, shareholders confirmed an interim dividend of ₹6 per equity share aggregating ₹49.81 crores paid during the financial year 2025-26, and approved a final dividend of ₹7 per equity share aggregating ₹58.11 crores for the same period. Both dividends apply to 8,30,20,634 equity shares of ₹5 face value. The record date for the final dividend has been set as 15 May 2026.

Additionally, shareholders re-appointed Mr Anand Nandkishore Rathi (DIN: 00112853) as a Non-Executive Director, with the board authorised to file the necessary forms with regulatory authorities.

The audited standalone and consolidated financial statements for the year ended 31 March 2026 were also received, considered, and adopted by shareholders. Remote e-voting commenced on 16 May 2026 at 9:00 a.m. and concluded on 20 May 2026 at 5:00 p.m. The resolutions were scrutinised by Mr Himanshu S. Kamdar, Partner of M/s. Rathi & Associates, Practising Company Secretaries.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Himanshu S. Kamdar | Business Upturn

Anand Rathi Wealth approves Rs 100 crore authorised capital increase and bonus share issuance