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

Wealth First Portfolio Managers is setting up a wholly-owned subsidiary focused on asset management, with authorized and paid-up equity capital of Rs. 60 Cr. The subsidiary will target the mutual fund segment, marking Wealth First’s strategic expansion into asset management. Initial cash investment at face value is planned, with completion expected by March 2027. This move positions the company to tap into the growing mutual fund market.