Wealth First Portfolio Managers Limited — Important, 12-05-2025: General Updates

Wealth First Portfolio Managers has announced a board meeting to approve the incorporation of Lakshya Trustee Private Limited, a wholly-owned subsidiary to serve as trustee/nominee for its proposed Asset Management Company. The company will invest Rs. 10 lakh as initial paid-up capital, marking a strategic step to expand into mutual fund trustee services and strengthen its asset management business.