Introduction:
Leading small-cap company has announced that its Board of Directors will meet on January 13, 2025, to consider a proposal for the issuance of bonus shares. The decision aligns with SEBI regulations, and the trading window remains closed.
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Share price movement of Anand Rathi Wealth:
On January 9, 2025, Anand Rathi Wealth Ltd. opened at ₹3,980.00, up 3.64% from its previous close of ₹3,841.55. The stock reached a high of ₹4,133.35 (7.6%) and a low of ₹3,880.05. By 10:28 AM, it traded at ₹3,963.00, a 3.16% increase, with a market cap of ₹16,450.54 crore.
Anand Rathi Wealth to Consider Bonus Share Issuance:
Anand Rathi Wealth Limited has announced that its Board of Directors will consider a proposal for the issuance of bonus shares during the meeting scheduled for January 13, 2025. The proposal is in line with SEBI regulations.
As per the company’s update, the trading window remains closed for the bonus issue event. The notice for the upcoming Board meeting will be available on the company’s official website, ensuring transparency and compliance with SEBI (LODR) regulations.
Stock performance of Anand Rathi Wealth for Period of 1 week, 6 months and 1 year:
Anand Rathi Wealth Ltd. has experienced a 2.62% decline over the past week and a 4.03% drop over the last six months. However, the company has shown strong growth with a 37.9% return over the past year.
Shareholding pattern of Anand Rathi Wealth:
All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
Promoter | 48.00% | 48.10% | 48.00% |
FII | 5.30% | 5.00% | 4.90% |
DII | 8.00% | 8.30% | 8.80% |
Public | 38.70% | 38.60% | 38.40% |
About Anand Rathi Wealth:
Anand Rathi Wealth Ltd (NSE: ANANDRATHI) is a leading non-bank wealth solutions firm in India, offering a wide range of wealth solutions, financial product distribution, and technology services. It is part of the Anand Rathi Group, founded in 1994.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.