Announced Fri, 29 May · 14:07 IST

Wealth First Portfolio Managers Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.

Strategic Transactions View source PDF

WEALTH · price

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Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹923.85
prior close
₹1029.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.9-1.1-1.8+1.6+1.5+1.1+1.7+0.0+2.2+5.4+7.5
Up moveDown movePending
AI summary

Wealth First Portfolio Managers Limited reported strong FY26 results. Standalone net profit grew 19% to Rs. 4,022.98 Lacs from Rs. 3,370.63 Lacs in FY25, while consolidated net profit stood at Rs. 3,628.34 Lacs. Revenue from operations on standalone basis was Rs. 6,339.67 Lacs. The Board recommended a final dividend of Rs. 1 per share (10% on face value of Rs. 10). The company also approved increasing its authorised share capital from Rs. 11 Crores to Rs. 12 Crores (adding 10 lakh equity shares), subject to shareholder approval. Additionally, an Investment Committee was constituted with the Managing Director as Chairperson. Auditors gave an unmodified opinion on both standalone and consolidated financials.

Likely market impact

Positive signal for shareholders with 19% profit growth and dividend payout. The capital increase provides headroom for future issuances but does not indicate immediate dilution.