Anand Rathi Wealth Declares 1:1 Bonus Issue and ₹7 Dividend Amid Strong Q4 Results
Bonus issue alert! Anand Rathi Wealth announces 1:1 bonus issue, Rs 7 dividend; check details
The Economic Times
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Anand Rathi Wealth has announced a 1:1 bonus issue of shares and a ₹7 dividend for the financial year 2026, subject to shareholder approval. The company's Q4 FY26 results showed a 40.5% increase in net profit, driving a 2% rise in share price to ₹3,477.
- 01Anand Rathi Wealth approved a 1:1 bonus issue of shares.
- 02A final dividend of ₹7 per share was declared, pending approval.
- 03Q4 FY26 net profit increased by 40.5% year-on-year.
- 04Revenue from operations grew by 30% year-on-year.
- 05Company's shares rose by 2% to ₹3,477 following the announcements.
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Anand Rathi Wealth announced a 1:1 bonus issue of shares, capitalising its reserves, alongside a final dividend of ₹7 per equity share for the financial year 2026. The bonus shares will be issued to eligible shareholders, subject to regulatory approvals, with a record date to be announced. The company requires ₹41.51 crore from its free reserves, which total over ₹950.22 crore as of March 2026. This move is seen as a sign of financial health, enhancing liquidity and affordability for investors. In its Q4 FY26 results, Anand Rathi Wealth reported a consolidated net profit of ₹103.1 crore, marking a 40.5% increase from ₹73.37 crore in the same quarter last year. Revenue from operations also rose 30% to ₹287.82 crore. Following these announcements, the company’s shares increased by 2% to ₹3,477.
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The bonus issue and dividend can enhance shareholder value, making shares more accessible to a broader range of investors, potentially increasing market participation.
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