Anand Rathi Wealth promoter sells 1.7% stake for INR 5 bln via bulk deal
This story was originally published at 12:49 IST on 30 May 2026
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MUMBAI – Anand Rathi Financial Services Ltd., a promoter entity of Anand Rathi Wealth Ltd., Friday sold 1.74% stake in the company through a bulk deal for INR 5 billion. The promoter offloaded 1.44 million shares for INR 3,457.97 each, data from the National Stock Exchange showed. The buyers of the shares could not be ascertained. The total promoter ownership in the company was 43.11% as of Mar. 31.
For the March quarter, Anand Rathi Wealth reported a consolidated net profit from continuing operations of INR 1.03 billion on revenue of INR 2.89 billion. Friday, its shares ended at INR 3,450.70 on the National Stock Exchange, down 3.3% from Wednesday. The stock market was shut Thursday for Id-ul-Zuha. End
Reported by Meera Nair
Edited by Shubhayan Bhattacharya
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