Wealth First Portfolio Managers Limited will host virtual one-on-one meetings with institutional investors and analysts on October 13, 2026, starting at 4:00 pm.

The company filed an intimation with the National Stock Exchange of India and BSE Limited under Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The interactions are organized by PhillipCapital (India) Pvt Ltd and will be conducted virtually.

Meeting details

The company confirmed that discussions will be restricted to publicly available information. No unpublished price sensitive information (UPSI) is intended to be discussed during these interactions. Participants should note that schedule changes may occur due to exigencies on the part of the participants or the company.

Disclosure compliance

This intimation serves as a formal disclosure under SEBI listing regulations. The information regarding the meeting schedule will also be made available on the company's official website at www.wealth-firstonline.com . The filing was signed by Ashish Shah, Managing Director, on October 7, 2026.

Wealth First Portfolio Managers Limited has completed the acquisition of 10,00,000 preference shares in its wholly owned subsidiary, Lakshya Trustee Private Limited, for a total consideration of ₹1 crore.

The investment was made through the subscription of Non-Convertible Non-Cumulative Redeemable Preference Shares at an issue price of ₹10 per share. This capital infusion aims to meet the administrative and general business requirements of Lakshya Trustee as it carries out its activities as a trustee for Asset Management Company funds.

Transaction Details and Structure

The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The allotment was made under a Right Issue by the subsidiary. Following this transaction, Wealth First Portfolio Managers continues to hold 100% equity and preference share capital, voting power, and beneficial interest in Lakshya Trustee Private Limited.

The transaction is classified as a related party transaction since Lakshya Trustee is a wholly owned subsidiary. The company stated that the investment was undertaken on an arm's length basis, with necessary approvals accorded by the Audit Committee and Board of Directors in accordance with the Companies Act, 2013.

Subsidiary Financial Profile

Lakshya Trustee Private Limited operates as a trustee and nominee for funds managed by Lakshya Asset Management Private Limited. The entity reported zero turnover for FY26, with previous fiscal years marked as not applicable for turnover data. The subsidiary recorded a loss after tax of ₹9,22,700 and a net worth of ₹77,300 prior to this capital injection.

What the Numbers Show

The acquisition highlights a strategic capital support mechanism for a newly operational subsidiary. With zero reported turnover and a net worth of only ₹77,300 before this infusion, the ₹1 crore investment significantly bolsters the balance sheet of Lakshya Trustee. The structure of the investment via redeemable preference shares, rather than equity, allows the parent company to potentially recover capital while providing immediate liquidity for operational needs. The 8% coupon rate indicates a defined cost of capital for the subsidiary, aligning with standard inter-company financing practices for early-stage entities.