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Anand Rathi Wealth Appoints 3 Independent Directors, Reappoints CEO

Anand Rathi Wealth Limited

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January 12, 2026, 02:15 PM

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Anand Rathi Wealth Limited announced a significant board reshuffle following its meeting on January 12, 2026. The company has approved the appointment of Mr. Adesh Kumar Gupta, Mr. Debasish Panda, and Ms. Deena Asit Mehta as Additional Directors in the category of Non-Executive Independent Directors. These appointments are effective from January 12, 2026, and are subject to shareholder approval.

Furthermore, the Board has approved the re-appointment of Mr. Rakesh Rawal as Whole-time Director and CEO for a period of three years, from April 1, 2026, to March 31, 2029. This re-appointment is also subject to shareholder approval.

The company also reported its unaudited financial results for the third quarter and nine months ended December 31, 2025. The meeting also approved the shifting of the company's registered office from Goregaon (East) to Lower Parel, Mumbai, effective January 12, 2026. Additionally, the Nomination and Remuneration Committee granted 12,45,309 employee stock options under the "ARWL - ESOP 2025" plan.

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