Announcement under Regulation 30 (LODR)-Change in Management
WEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wealth First Portfolio Managers Ltd reported strong FY2026 results with standalone net profit of Rs. 4,023 Lakhs (up 19% from Rs. 3,371 Lakhs in FY2025) and consolidated net profit of Rs. 3,828 Lakhs. The Board approved audited Q4 and full-year results with an unmodified audit opinion from Jaimin Deliwala & Co. It recommended a 10% final dividend (Rs. 1 per share) and approved commission for Non-Executive Director Ms. Binal Gandhi up to 1% of net profits. The company also increased its authorised share capital from Rs. 11 Cr to Rs. 12 Cr and constituted a new Investment Committee including the Managing Director, CFO, and Chief Business Officer. All approvals are subject to shareholder clearance.
Positive signal for shareholders: strong profit growth, dividend declaration, and new governance structure with an Investment Committee. The share capital increase suggests room for future expansion or fundraising.