Anand Rathi Wealth Limited — Important, 13-01-2025: Updates

Anand Rathi Wealth Limited has received a request from Mr. Amit Rathi to change his classification from "Promoter Group Shareholder" to "Public Shareholder." Mr. Rathi currently holds 19,00,000 shares, representing 4.57% of the total voting rights and asserts that he does not control the company's operations, have special rights, or hold a position on the Board of Directors. This reclassification request will be reviewed by the Board of Directors in an upcoming meeting. If approved, it could enhance the liquidity of the stock by increasing public shareholder composition. Investors should monitor this development closely as it may influence shareholder dynamics and the company's market perception.