Acquisition of Wealth First Advisors - Phase I for 51% stake at Rs 52.1 Cr

Promoter Disclosed Acquisition PlansInvestor Communications View source PDF

WEALTH · price

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Price reaction · full curve 14 horizons · vs prior close

+3.1%1-day move

₹967.95

prior close

₹970.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+3.1+2.3+3.2+2.3-0.3+1.7-0.7———

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AI summary

Wealth First Portfolio Managers will acquire Wealth First Advisors (WFA) in two phases. Phase I by Dec 2026 covers 51% stake for Rs 52.1 Cr (Rs 40 Cr cash plus Rs 12.1 Cr share swap). Phase II in FY30 covers remaining 49% via share swap. WFA has Rs 3,746 Cr AUA, 2,800 plus client families, and FY26 revenue of Rs 17.9 Cr with PAT of Rs 6 Cr. Post-deal consolidated ARR AUM rises to Rs 8,419 Cr from Rs 5,558 Cr, adding 10 relationship managers.

Likely market impact

Acquisition nearly doubles AUM and adds over 4,000 client families. Promoter stays invested via share swap, signaling long-term confidence.