Anand Rathi Financial Services Limited, a promoter, reduced its stake in Anand Rathi Wealth Limited from 19.91% to 18.17% by selling 14,46,000 shares for ₹498.97 Cr at ₹3450.70 apiece via an open market transaction.
A leading non-bank wealth solutions firm in India that distributes mutual funds and financial products to clients nationwide. The company operates as an AMFI-registered mutual fund distributor, offering a comprehensive portfolio of wealth management solutions, financial product distribution, and technology-enabled services. It ranks among the top three non-bank mutual fund distributors in the country and serves a diverse client base.
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