StockWatch
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Financial Products Distributor
Board Meeting9 Jul 2026, 08:01 pm

Anand Rathi Wealth Board Approves Unaudited Results, Seeks MF Sponsor Approval

AI Summary

Anand Rathi Wealth Limited's Board of Directors has approved the unaudited financial results for the first quarter ended June 30, 2026, both on a standalone and consolidated basis. The board also approved the Limited Review Report from statutory auditors. A typographical error in the paid-up capital disclosure for the consolidated and standalone results for the quarter ended June 30, 2026, was corrected. Additionally, the company plans to apply to SEBI to act as a sponsor of a Mutual Fund, which will involve establishing an AMC and Trustee Company upon regulatory approval.

Key Highlights

  • Unaudited financial results for Q1 FY27 approved.
  • Standalone and consolidated results were declared.
  • Typographical error in paid-up capital corrected.
  • Company to seek SEBI approval to sponsor a Mutual Fund.
  • Plans to establish AMC and Trustee Company post-approval.