BSECompany Update1d ago · 28 Sept 2026, 05:26 pm
Intimation of Acquisition.
Wealth First Portfolio Managers Ltd · 544536
✦ AI SummaryM&A
Wealth First Portfolio Managers Ltd has acquired 10,00,000 Non-Convertible Non-Cumulative Redeemable Preference Shares of Lakshya Trustee Private Limited at Rs. 10/- per share for a total consideration of Rs. 1,00,00,000/-.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Wealth First Portfolio Managers Ltd - 544536 - Announcement under Regulation 30 (LODR)-Acquisition
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DATE: 28TH SEPTEMBER, 2026
To To
Manager - Listing Department Head – Listing Operations,
National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, Plot No. C/1, G Block, P.J. Towers, Dalal Street,
Bandra-Kurla Complex, Bandra (E), Fort, Mumbai – 400 001
Mumbai-400051 BSE SCRIP CODE: 544536
NSE SYMBOL: WEALTH
REF: WEALTH FIRST PORTFOLIO MANAGERS LIMITED
SCRIP CODE: WEALTH
SUB: INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND
DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 – ACQUISITION OF NON-CONVERTIBLE
NON-CUMULATIVE REDEEMABLE PREFERENCE SHARES
Dear Sir,
In continuation of our earlier disclosure dated 12th May, 2025 and pursuant to Regulation 30 of
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform
you that Company has acquired 10,00,000 Non-Convertible Non-Cumulative Redeemable
Preference Shares of face value of Rs. 10/- each at an issue price of Rs. 10/- per preference share
for total consideration of Rs. 1,00,00,000/- (Rupees One Crore) in the Wholly-Owned Subsidiary
Company Lakshya Trustee Private Limited vide Allotment made under the Right Issue of
Subsidiary Company.
Accordingly, the Company has completed its investment of Rs. 1,00,00,000/- in Lakshya Trustee
Private Limited through subscription to the aforesaid Preference Shares.
It may be noted that consequent upon the said allotment, Lakshya Trustee Private Limited
continues to remain the Wholly-Owned Subsidiary of the Company and there is no change in the
Company's shareholding, control or ownership in the Subsidiary Company.
Further, the information required under the Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30th January, 2026 is enclosed
herewith as an Annexure - A.
You are requested to kindly take the same on record.
Thanking You.
Yours faithfully,
FOR AND ON BEHALF OF WEALTH FIRST PORTFOLIO MANAGERS LIMITED
ASHISH SHAH
MANAGING DIRECTOR
DIN: 00089075
Encl: Annexure - A
Annexure - A
Name of the target entity, details in brief Name: Lakshya Trustee Private Limited,
such as size, turnover etc Wholly-Owned Subsidiary Company of Wealth
First Portfolio Managers Limited (‘the
Company’).
Authorized Share Capital:
Rs. 1,10,00,000/- (Rupees One Crore Ten Lakh
Only) divided into 1,00,000 (One Lakh) Equity
Shares of Rs. 10/- each and 10,00,000 (Ten
Lakhs) Preference Shares of Rs. 10/- each.
Paid-up Share Capital:
Rs. 1,10,00,000/- (Rupees One Crore Ten Lakh
Only) divided into 1,00,000 (One Lakh) Equity
Shares of Rs. 10/- each and 10,00,000 (Ten
Lakhs) Preference Shares of Rs. 10/- each.
Turnover: 0
PAT: (9,22,700)
Net Worth: 77,300
Whether the acquisition would fall within Yes. Lakshya Trustee Private Limited is a
related party transaction(s) and whether Wholly-Owned Subsidiary of Wealth First
the promoter/ promoter group/ group Portfolio Managers Limited and is a Related
companies have any interest in the entity Party of the Company.
being acquired? If yes, nature of interest
and details thereof and whether the same The Promoters/Promoter Group are
is done at “arm’s length” interested to the extent of their
shareholding/beneficial interest in the
Company.
The investment has been undertaken at arm's
length basis.
The Audit Committee and Board of Directors
have accorded necessary approvals in
accordance with applicable provisions of the
Companies Act, 2013 and SEBI Listing
Regulations.
Industry to which the entity being Trustee Company of Asset Management
acquired belongs; Company.
Objects and effects of acquisition The investment has been made to meet up
(including but not limited to, disclosure of administration and other general business
reasons for acquisition of target entity, if requirements and operational requirements
its business is outside the main line of for carrying out its activities as a Trustee of
business of the listed entity); Asset Management Company.
Brief details of any governmental or Not applicable.
regulatory approvals required for the
acquisition;
Indicative time period for completion of Already completed.
the acquisition;
Nature of consideration - whether cash The Company had subscribed the paid-up
consideration or share swap and details of Preference Share Capital of the Subsidiary
the same; Company by subscribing Preference Shares
through Right Issue in cash consideration.
Cost of acquisition or the price at which The Investment was made at Rs. 10/- per
the shares are acquired preference share vide Allotment made under
the Right Issue of Subsidiary Company. The
Company has subscribed 10,00,000 8% Non-
Convertible Non-Cumulative Redeemable
Preference Shares of face value of Rs. 10/- each
at an issue price of Rs. 10/- per preference
share for total consideration of Rs.
1,00,00,000/- (Rupees One Crore).
Percentage of shareholding / control 100% Equity Share Capital and Preference
acquired and / or number of shares Share Capital, Voting Power and Beneficial
acquired; interest and ownership of Subsidiary
Company.
Brief background about the entity Lakshya Trustee Private Limited carry
acquired in terms of products/line of activities as a Trustee/ Nominee for funds of
business acquired, date of incorporation, all kinds of Lakshya Asset Management Private
history of last 3 years turnover, country in Limited
which the acquired entity has presence
and any other significant information (in Turnover of Last Three Financial Years:
brief);
FY 2025-26: - Rs. 0
FY 2024-25: - Not Applicable
FY 2023-24: -Not Applicable
Country – India
FOR AND ON BEHALF OF WEALTH FIRST PORTFOLIO MANAGERS LIMITED
ASHISH SHAH
MANAGING DIRECTOR
DIN: 00089075