Anand Rathi Wealth Ltd

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) we wish to inform you that at the meeting held today the Board has approved the following: i) Re-appointment of Mr. Rakesh Rawal (DIN: 02839168) as the Whole-time Director and Chief Executive Officer of the Company for the period of Three Years with effect from April 01 2023 to March 31 2026;Further the aforementioned re-appointment of Mr. Rakesh Rawal shall be subject to the approval of the Members at the ensuing General Meeting of the Company.ii) Disinvestment of the shares held in freedom Wealth Solution Private Limited (a Non-Material Subsidiary Company) by way of transfer of entire shareholding; Further after the execution of the aforementioned transaction i.e. disinvestment of the shares the freedom Wealth Solution Private Limited will be ceased to be a Subsidiary Company.