Wealth First Portfolio Managers Limited has informed the Exchange that Record date for the purpose of Dividend is 29-Aug-2025.
WEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wealth First Portfolio Managers has fixed 29th August 2025 as the record date to determine shareholders eligible for the Final Dividend for FY 2024-25, subject to approval at the 23rd AGM on 5th September 2025. The company is proposing a Final Dividend of ₹4.00 per share on a face value of ₹10, which along with the already-declared First Interim Dividend of ₹8.00 and Second Interim Dividend of ₹4.00 takes the total dividend for FY25 to ₹16 per share (160% of face value). Remote e-voting will be open from 2nd September to 4th September 2025, and dividend payment is expected within 30 days of the AGM. The AGM notice also includes appointments of three independent directors, re-appointment of Managing Director Ashish Shah for 3 years, and approval for related party transactions.
Shareholders who hold the stock by 29th August 2025 will be entitled to the Final Dividend. The total FY25 dividend of ₹16 per share is a strong payout and likely supports a healthy dividend yield for retail investors. The stock may see short-term interest around the record date as investors position to qualify for the dividend.