STOCKWATCH
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Stockbroking & Allied
Legal6 Mar 2026, 07:42 pm

Anand Rathi Share And Stock Brokers Ltd Initiates Forensic Audit Over Fraudulent Depository Activities

AI Summary

Anand Rathi Share And Stock Brokers Ltd has appointed Ernst & Young LLP (EY) to conduct a forensic audit following the identification of fraudulent activities in depository activities. The fraud involves off-market transfers of shares aggregating approximately Rs. 13 crores from the Demat account of a Pune-based client. The decision to initiate the forensic audit is in accordance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular dated January 30, 2026. The findings of the audit will be used to independently examine the matter and will be uploaded on the company's website for information and compliance of all concerned.

Key Highlights

  • Anand Rathi Share And Stock Brokers Ltd has appointed Ernst & Young LLP (EY) for a forensic audit
  • The audit is in response to fraudulent activities in depository activities
  • The fraud involves off-market transfers of shares aggregating approximately Rs. 13 crores
  • The decision is in accordance with SEBI regulations and master circular
  • The findings of the audit will be uploaded on the company's website
ARSSBL
Stockbroking & Allied
Anand Rathi Share And Stock Brokers Ltd

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