Ashish Shah has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Ashish Navnitlal Shah, acting on behalf of the promoters and promoter group of Wealth First Portfolio Managers Limited, has filed an annual declaration under SEBI Takeover Regulations. As of March 31, 2025, the promoter group held 78,89,326 equity shares, representing 74.04% of the company's paid-up equity share capital. The declaration confirms that no shares were encumbered (pledged or otherwise charged) directly or indirectly during the financial year ended March 31, 2025, and the number of encumbered shares stands at NIL. The disclosure covers all promoter and promoter group entities and individuals listed in the filing.
This is a routine annual compliance filing and carries no negative signal for shareholders. The confirmation that no promoter shares are pledged and the promoter holding remains comfortably above 50% at 74.04% is a positive indicator of promoter confidence and financial stability.