Anand Rathi Wealth Subsidiary Gets IFSCA In-Principle Approval

ANAND RATHI FME (IFSC) PRIVATE LIMITED, a wholly owned subsidiary of Anand Rathi Wealth Limited, has received in-principle approval from IFSCA
Approval is for registration as a Fund Management Entity (Non-retail) at the International Financial Services Centre (IFSC), GIFT City, Gujarat
Reference Number: 52/2026-27
Disclosure Date: 16th July, 2026

The subsidiary must undertake necessary steps including fulfillment of applicable regulatory, operational and capital requirements as prescribed by IFSCA
Final certificate of registration and commencement of business activities will occur in due course
Commencement of operations is subject to receipt of final registration from IFSCA
Operations commencement requires compliance with all applicable laws, regulations and conditions stipulated by the regulatory authority

Financial impact not quantified in the disclosure. The approval represents a strategic expansion opportunity rather than immediate financial impact.