5445302026-07-145445302026-07-142026-07-14iso4217:INRxbrli:pure544530Anand Rathi Share and Stock Brokers LimitedARSSBLNOTLISTEDINE549H01021NewAcquisition of “to be incorporated companies”true2026-07-1417:20:002026-07-14Anand Rathi Share and Stock Brokers LimitedSubsidiaryThe Board of Directors of the Company at its meeting held today i.e. July 14, 2026, approved the proposal for incorporation of a Wholly Owned Subsidiary in Dubai, United Arab Emirates (“UAE”). Name: As would be approved by Dubai Department of Economy and Tourism (“DET”) Date of Incorporation: Not Applicable* Country of Incorporation: United Arab Emirates (Dubai Mainland) * Proposed to be incorporated Same as Anand Rathi Share and Stock Brokers Limited – Financial Services. Note: Final DET activity/licence code (e.g. “Investment Consultant”) to be confirmed.The proposed entity is intended to support and expand ARSSBL’s international business/ prescence, providing investment solutions / investment services to NRI, HNI and family office clients based in the UAE and other overseas jurisdictions. Exact scope of licensed activity to be finalized basis the DET licence category confirmed.YesDET and SEBICash50000000Shares SubscribtionNumber of SharesPending determination of minimum share capital / paid-up capital requirement applicable to the proposed DET licence category.12026-07-14Dubai, United Arab EmiratesThe Company is yet to be incorporated in Dubai, UAE. However, the date of incorporation column was mandatory, therefore the date of meeting is mentioned in order to comply with the stock exchange timeline and submission Further, the investment value in Wholly owned subsidiary would be upto Rs. 5 crores only.