Anand Rathi Wealth Limited

Key Transaction Details

Anand Rathi Wealth Limited ("the Company") has infused additional capital by subscribing to a Rights Issue of Equity Shares of its wholly owned subsidiary, Anand Rathi FME (IFSC) Private Limited ("ARFME" or "the Subsidiary").

Investment Size: The Company subscribed to 54,90,000 Equity Shares of ₹10 each (face value) for a total aggregate consideration of ₹5,49,00,000 (₹5.49 crore).

Payment Method: The consideration was paid through the Banking Channel as cash consideration.

Subsidiary Background

Name: Anand Rathi FME (IFSC) Private Limited

Date of Incorporation: 16th February 2026

Country of Operation: India

Business Activity: Fund Management Entity (Non-Retail) at the International Financial Services Centres Authority (IFSCA), GIFT City, Gandhinagar, Gujarat.

Financial History: The subsidiary is a newly incorporated company and has not finalized its first financial statements. Consequently, details on size, turnover, or a history of the last three years' turnover are noted as "Not Applicable."

Regulatory Status: ARFME has received an in-principle approval from IFSCA to operate as a Fund Management Entity (Non-Retail) and shall seek final approval from IFSCA for carrying out the fund management business.

Transaction Rationale and Impact

Purpose: The object of the acquisition is for ARFME to set up a fund management entity to undertake Fund Management activities through an Alternate Investment Fund (AIF).

Ownership & Control: The entire paid-up capital of Anand Rathi FME (IFSC) Private Limited is held by Anand Rathi Wealth Limited. The investment maintains its status as a wholly owned subsidiary.

Related Party Transaction: As ARFME is a wholly owned subsidiary, the transaction is classified as a related party transaction. However, it is exempt from the requirements of obtaining shareholders' approval under Regulation 23(5) of the SEBI LODR.

Governmental/Regulatory Approvals: The primary regulatory approval involved is the in-principle and pending final approval from the International Financial Services Centres Authority (IFSCA).

Compliance and Filing

The disclosure is made in accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI LODR and references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The letter was signed by Pravin Jogani, Company Secretary & Compliance Officer (ICSI Membership No.: A25413), on September 2, 2026.