Anand Rathi Invests ₹2 Cr in Subsidiary ARIVPL

Anand Rathi Share and Stock Brokers Ltd has completed a further investment of approximately ₹2 Crores in its wholly-owned subsidiary, Anand Rathi International Ventures (IFSC) Private Limited (ARIVPL), through a Rights Issue. The company was allotted 15,00,000 equity shares. This investment does not alter the company's percentage of shareholding in ARIVPL, which continues to be a wholly-owned subsidiary. ARIVPL operates in financial services, including wealth management and trading on international exchanges within GIFT City. The investment aims for business expansion and long-term growth, aligning with the holding company's core business.