ARSSBL

ANAND RATHI SHARE & STOCK BROKERS : FRAUD UPDATE — SHARES WORTH ₹12.15 CR. RESTORED 🔄⚠️ • 🚨 Earlier reported (Feb 06 & Mar 17, 2026) an off-market fraudulent transfer of shares worth ~₹13 crore belonging to a Pune-based client • ✅ Company has now restored shares worth ~₹12.15 crore by re-transferring them to the client — done as per CDSL directions • 💰 Financial impact limited to ~₹12.15 crore — no further material impact on operations, profitability or overall financial position stated 🟡 Impact: Cautiously Neutral (Partial resolution of a fraud incident is a positive step; however, the event raises governance concerns for a listed broking firm — ~₹85 lakh gap between original ₹13 cr. and restored ₹12.15 cr. remains unexplained)