Anand Rathi Wealth Ltd has announced its first-ever bonus share issue. The company will offer one bonus share for every share held by investors.
The record date for this bonus issue has been set for March 5, 2025, as per the Bombay Stock Exchange (BSE). Shareholders must own shares before this date to be eligible.
Record Date and Past Dividends
The company has officially notified the exchange that eligible shareholders will receive one additional share for each share they own.
This move is aimed at rewarding investors and strengthening shareholder value.
In the previous year, the company traded ex-dividend twice, offering a dividend of Rs 16 per share on both occasions. Additionally, a share buyback was conducted in 2024.
Stock Performance and Growth
On Friday, Anand Rathi Wealth’s stock closed at Rs 4001.15, gaining 0.33 percent by the end of the trading session.
Over the last two weeks, the stock has provided a 10 percent return to positional investors.
Over the past year, the stock price has risen by 9.45 percent, while the Sensex has increased by only 1.24 percent.
The stock’s 52-week high stands at Rs 4640.55, and the 52-week low is Rs 3382.15. The company’s market capitalization is Rs 16,608 crore.
Long-Term Returns and Shareholding Pattern
Anand Rathi Wealth has demonstrated exceptional growth over the years. In the past two years, the stock price has surged by 433 percent, while over the last three years, it has provided a 616 percent return to positional investors.
As of December, promoters held a 47.99 percent stake, while the public owned 51.01 percent.
However, in the June quarter, promoters held 48.09 percent, showing a slight reduction in their stake over time.
