Anand Rathi Wealth Limited (NSEI:ANANDRATHI) announces a share repurchase program. Under the program, the company will repurchase up to 370,000 shares, representing 0.88% of its share capital for INR 1,646.5 million. The shares will be repurchased at INR 4,450 per share.

The offer is subject to approval from the shareholders by means of a special resolution through a postal ballot. As of April 5, 2024, the company had 41,828,297 issued shares.