Anand Rathi Wealth Limited announced that Anand Rathi Wealth Limited has incorporated a wholly-owned subsidiary company viz. 'Anand Rathi FME (IFSC) Private Limited' in Gift City, Gujarat effective 16th February 2026. The issued capital of Anand Rathi FME (IFSC) Private Limited is INR 100,000, and it is yet to commence business operations, thus the size/turnover is not applicable.
Anand Rathi FME (IFSC) Private Limited will apply for a Fund Management license under the International Financial Services Centres Authority (Fund Management) Regulations, 2025. The purpose of this acquisition is to set up a fund management entity to undertake Fund Management activities through an Alternate Investment Fund (AIF). Anand Rathi FME (IFSC) Private Limited will seek necessary regulatory approvals from the International Financial Services Centres Authority (IFSCA) for carrying out its fund management business.
