Anand Rathi Wealth has informed that with reference to the order dated May 18, 2023 passed by Special Judge for MPID at Bombay ('the Trial Court') in applications filed by Arvind Kumar Bahl and National Spot Exchange ('NSEL'). Vide the aforesaid order, the Trial Court has taken cognizance against 2 more Directors of Anand Rathi Commodities ('ARCL') and Anand Rathi Financial Services ('ARFSL'), the holding Company/promoter of ARCL, in connection with NSEL matter. The aforesaid order against ARFSL and two other directors of ARCL has no bearing/impact on the financials and/or business of Anand Rathi Wealth ('ARWL'). Accordingly, the findings/observations made in the said order of Special Court are not relevant for ARWL (the listed entity).
The above information is a part of company’s filings submitted to BSE.
