Bonus9 April 2026 at 07:39 am
Anand Rathi Wealth Ltd Announces 1:1 Bonus Share Issue, Increases Authorized Share Capital
AI Summary
Anand Rathi Wealth Ltd has recommended the issuance of bonus shares in a 1:1 ratio, subject to shareholder approval. The company also announced an increase in its authorized share capital from Rs. 50,00,00,000 to Rs. 100,00,00,000. The board approved the final dividend of Rs. 7 per equity share for the financial year 2025-26, subject to approval at the AGM. The record date for the bonus share issue will be announced separately.
Key Highlights
- Anand Rathi Wealth Ltd recommends a 1:1 bonus share issue
- Company increases authorized share capital from Rs. 50,00,00,000 to Rs. 100,00,00,000
- Final dividend of Rs. 7 per equity share for the financial year 2025-26 approved
- Record date for bonus share issue to be announced separately
- All decisions subject to shareholder approval and regulatory approvals