Anand Rathi Wealth sets record date for bonus issue

Anand Rathi Wealth (BSE:ANANDRATHI) has set March 5, 2025, as the record date to determine shareholder eligibility for its upcoming bonus equity share allotment. The company will issue 4,15,10,317 fully paid-up bonus equity shares with a face value of Rs. 5 each, in a 1:1 ratio, meaning one new share for every existing share held. The deemed date of allotment is set for March 6, 2025 and trading of the bonus shares is expected to commence on March 7, 2025, pending the completion of depository processes. This decision follows in-principle approval received under SEBI (LODR) Regulations, 2015, and shareholder approval via postal ballot.