The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on October 15, 2026 for Anand Rathi Financial Services Ltd

Annexure - II Disclosure of reasons for encumbrance (In addition to Annexure - I prescribed by way of circular dated August 05, 2015) Name of listed company Anand Rathi Wealth Limited Name of the recognized stock exchanges where the shares National Stock Exchange of India of the company are listed Limited and BSE Limited Name of the promoter(s) / PACs whose shares have been Anand Rathi Financial Services encumbered Limited Total promoter shareholding in the listed company No. of shares –3,01,77,516 % of total share capital -18.17% Encumbered shares as a % of promoter shareholding 29.31% (Earlier and current encumbrance) Whether encumbered share is 50% or more of promoter NO shareholding Whether encumbered share is 20% or more of total share NO capital Details of all the existing events/ agreements pertaining to encumbrance Encumbrance 1 Date of release and creation of encumbrance: 13.10.2026 Type of encumbrance (pledge, lien, negative lien, non-disposal Pledge undertaking etc. or any other covenant, transaction, condition or arrangement in the nature of encumbrance) No. and % of shares encumbered Revocation of pledge of 5,16,000 shares % of total share capital: 0.31% creation of pledge of 5,14,000 shares % of total share capital: 0.31% Specific details Name of the entity in whose favour shares Pledge Released from Suresh rathi about the encumbered (X) Securities P. Ltd. encumbrance Shares pledged with - Yes Bank Limited Whether the entity X is a scheduled commercial bank, Yes - a scheduled commercial bank public financial institution, NBFC or housing finance company? If No, provide the nature of the business of the entity. Names of all other entities in the agreement Listed company and its group companies (if any) – 1. Anand Rathi Wealth Limited 2. Anand Rathi Financial Services Limited Other entities (if any) – No 3. … Page 1 of 2 Anand Rathi Financial Services Limited Registered Office: Express Zone, B Wing, 5th Floor, Western Express Highway, Malad (E), Mumbai –400097, CIN - U6 7120MH1996PLC100108 Maharashtra.Tel: +91 22 6281 7003 I Email: secretarialoffice@rathi.com Whether the encumbrance is relating to any debt No instruments viz. debenture, commercial paper, certificate of deposit etc.? If yes, provide details about If yes, the instrument, including credit rating 1. Name of the issuer 2. Details of the debt instrument 3. Whether the debt instrument is listed on stock exchanges? 4. Credit Rating of the debt instrument 5. ISIN of the instrument Security Cover / Value of shares on the date of event / Rs. 1,07,42,34,300/- Asset Cover agreement (A) Amount involved (against which shares have Rs. 958324419 /- been encumbered) (B) Ratio of A / B 1.12 End use of Borrowed amount to be utilized for what purpose – Any other reason – Anand Rathi money (a) Personal use by promoters and PACs Financial Services Limited pledged the said shares for availing the Margin (b) For the benefit of listed company Limits and now the collateral is being shifted to another broker Provide details including amount, purpose of raising money by listed company, schedule for utilization of amount, repayment schedule etc. (a) Any other reason (please specify) For Anand Rathi Financial Services Limited Divyani Shah Company Secretary (Mem. No. A49954) Place: Mumbai Date: 15.10.2026 Page 2 of 2 Anand Rathi Financial Services Limited Registered Office: Express Zone, B Wing, 5th Floor, Western Express Highway, Malad (E), Mumbai –400097, CIN - U6 7120MH1996PLC100108 Maharashtra.Tel: +91 22 6281 7003 I Email: secretarialoffice@rathi.com