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Anand Rathi Wealth Approves Disinvestment of Subsidiary

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Anand Rathi Wealth Approves Disinvestment of Subsidiary

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An update from Anand Rathi Wealth Ltd. ( (IN:ANANDRATHI) ) is now available.

Anand Rathi Wealth Limited’s Board of Directors has approved the disinvestment of its entire shareholding in Freedom Wealth Solutions Private Limited, a non-material subsidiary. This move will result in Freedom Wealth Solutions ceasing to be a subsidiary, potentially streamlining Anand Rathi’s operations and allowing it to focus on its core wealth management services.

More about Anand Rathi Wealth Ltd.

Anand Rathi Wealth Limited operates in the financial services industry, focusing on wealth management and mutual fund distribution. The company is known for providing private wealth management services and is an AMFI-registered mutual fund distributor.

Average Trading Volume: 12,340

Technical Sentiment Signal: Hold

Current Market Cap: 245.4B INR

For an in-depth examination of ANANDRATHI stock, go to TipRanks’ Overview page.

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