Anand Rathi Wealth injects initial capital into UK subsidiary

Anand Rathi Wealth Limited has confirmed the infusion of initial capital into Anand Rathi Wealth UK Limited, a wholly-owned subsidiary incorporated on February 3, 2025. The subsidiary is registered under Company Registration No. 16223861 with the Registrar of Companies for England and Wales. The initial capital amounts to £100, with shares acquired for £0.01 per share.

Anand Rathi Wealth UK Limited, which is yet to commence business operations, will focus on financial intermediation and auxiliary activities. Directors of the UK entity form part of the promoter group, and the acquisition is considered a related-party transaction.

This capital infusion, paid through banking channels, signifies Anand Rathi Wealth's move into the UK market, with 100% control of the subsidiary.