Anand Rathi Wealth board approves subsidiary disinvestment
Anand Rathi Wealth Limited announced on October 13, 2025, that its board of directors approved, in principle, the disinvestment of its entire shareholding in Freedom Wealth Solutions Private Limited, a non-material subsidiary company. This transfer will be executed to an identified purchaser under mutually agreed terms and conditions, leading to Freedom Wealth Solutions Private Limited ceasing to be a subsidiary.
The board meeting commenced at 3:15 p.m. and concluded at 3:53 p.m. This approval was in addition to items 1 to 5 previously discussed by the board.
The company filed this information with the stock exchanges at 04:58 p.m. on October 13, 2025, in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure requirement) Regulation, 2015. Further details are available on the company's website, www.anandrathiwealth.in.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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