Bonus Share: 1 new share might be free on each 1 present inventory, March 5 is a document date – INA NEWS

Anand Rathi Wealth (Anand Rathi Wealth) goes to present a bonus share to its shareholders in 1: 1 ratio. Which means the shareholders will get 1 new share on each 1 inventory with them as bonuses. The document date for that is 5 March 2025. By this date, the shareholders whose names might be within the data of the Register of Members of the Firm or Depositors because the beneficiaries house owners of the shares might be entitled to get bonus shares.

The corporate introduced the bonus share after the January 13 board assembly. After taking all the required approval, Anand Rathi Wealth will distribute 4,15,10,317 bonus shares with a face worth of Rs 5. Their allotment might be on March 6 and from 7 March these bonus might be accessible for share buying and selling.

Anand Rathi Wealth climbed 10 p.c in 2 weeks

The corporate’s share value on BSE closed on Friday, 28 February at Rs 4001.15. The market cap is Rs 16,600 crore. The inventory has strengthened 10 p.c within the final 2 weeks. Anand Rathi Wealth is making ready to distribute bonus shares for the primary time. The corporate was listed within the inventory markets in December 2021.

By the tip of December 2024, the promoters had 47.99 p.c stake in Anand Rathi Wealth. The 52 -week excessive of the inventory on BSE is Rs 4,640.55, which was created on 19 December 2024. On the similar time, the 52 -week low of three,382.15 rupees was recorded on 28 January 2025.

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Anand Rathi Wealth’s standalone foundation was Rs 228.30 crore within the October-December 2024 quarter. In the meantime, the web revenue was Rs 75.70 crore and Earnings was Rs 18.19 crore per share. Within the monetary 12 months 2024, the corporate’s standalone foundation was recorded at Rs 694.68 crore, web revenue of Rs 221.44 crore and an earnings of Rs 53.06 crore per share.

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