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Anand Rathi Wealth Ltd. ( (IN:ANANDRATHI) ) has shared an update.
Anand Rathi Wealth Limited has issued a corrigendum to its postal ballot notice dated 12 January 2026, clarifying that the resolution relating to the re-appointment and remuneration of Whole-time Director and CEO Mr. Rakesh Rawal must be passed as a special resolution rather than an ordinary resolution. The company has updated the relevant explanatory statements accordingly, and notified shareholders, stock exchanges, depositories, and other stakeholders that this corrigendum is an integral part of the original postal ballot notice, reinforcing the need for a higher shareholder approval threshold for the CEO’s re-appointment under applicable company law provisions.
More about Anand Rathi Wealth Ltd.
Anand Rathi Wealth Limited is a Mumbai-based wealth management firm operating in the private wealth segment, offering advisory and distribution services to high-net-worth and affluent clients. The company is an AMFI-registered mutual fund distributor and focuses on simplifying private wealth management through a range of investment and financial planning solutions.
Average Trading Volume: 7,328
Technical Sentiment Signal: Buy
Current Market Cap: 245.6B INR
See more insights into ANANDRATHI stock on TipRanks’ Stock Analysis page.