Anand Rathi shares in focus after firm reports Rs 13 crore fraud with Pune-based client

Anand Rathi Share and Stock Brokers Limited is under scrutiny after reporting a Rs 13 crore fraud involving off-market share transfers from a client's demat account. The company stated that unknown individuals, allegedly with the connivance of group company employees, committed fraud, cheating, and document fabrication. Investigations are ongoing, and legal action is being initiated.