Wealth First Portfolio Managers Limited has informed the Exchange regarding Appointment of Ms Kunal Sharma and Associates as Secretarial Auditor of the company w.e.f. August 04, 2025.
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The board of Wealth First Portfolio Managers, held on August 4, 2025, approved several key items. Three new Independent Directors were appointed for 5-year terms: Mr. Amit Trivedi (32 years in financial market training), Mr. Siddharth Shah (40 years in business and finance), and Mr. Saurabh Sonthalia (former CEO of AIG Asset Management India and ex-MD at Bank of America Merrill Lynch). The board declared a first interim dividend of Rs. 4 per share (40%) for FY 2025-26, totaling approximately Rs. 4.26 crore, with the record date set for August 8, 2025. Promoter Mr. Ashish Shah was re-appointed as Managing Director for another 3 years, and M/s Kunal Sharma & Associates was appointed as Secretarial Auditor for 5 years. The 23rd AGM is scheduled for September 5, 2025.
The interim dividend of Rs. 4 per share provides direct cash returns to shareholders, while the appointment of three new Independent Directors and a re-appointed MD signals board continuity. The reconstitution of board committees suggests prior director resignations, which investors should monitor for context.