Wealth First Portfolio Managers Limited has announced a significant regulatory milestone for its subsidiary company, marking an important expansion in the group's financial services portfolio.

SEBI Grants Final AMC License

Lakshya Asset Management Private Limited, a subsidiary of Wealth First Portfolio Managers Limited, has received final approval and license from the Securities and Exchange Board of India (SEBI) dated March 25, 2026. This regulatory clearance authorizes the subsidiary to operate as an Asset Management Company (AMC) for launching and managing mutual fund operations.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This announcement follows the company's earlier communication dated May 8, 2025, indicating the ongoing progression of the licensing process with SEBI.

The disclosure was formally communicated to both major stock exchanges where the company is listed:

• National Stock Exchange of India Ltd. (NSE Symbol: WEALTH)
• BSE Limited (BSE Scrip Code: 544536)

Strategic Business Expansion

This regulatory approval represents a strategic expansion of Wealth First Portfolio Managers' business operations into the mutual fund management sector. The AMC license enables Lakshya Asset Management to:

• Launch new mutual fund schemes
• Manage existing mutual fund portfolios
• Provide comprehensive asset management services
• Expand the group's presence in the financial services industry

The development strengthens the company's position in the wealth management and investment advisory space, adding mutual fund management capabilities to its existing portfolio management services.

Wealth First Portfolio Managers Limited has announced a scheduled virtual meeting with analysts and institutional investors, demonstrating its commitment to maintaining transparent communication with the investment community. The meeting is being organized in accordance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Meeting Details and Format

The company has provided specific details regarding the upcoming investor interaction through its official communication to stock exchanges.

Regulatory Compliance and Information Sharing

The meeting is being conducted pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. The company has emphasized that all discussions will be based strictly on publicly available information.

Key compliance aspects include:

• No unpublished price sensitive information (UPSI) will be discussed
• Information will be disclosed on the company website at www.wealth-firstonline.com
• The meeting details have been formally communicated to both NSE and BSE
• Changes may occur due to exigencies on the part of participants or the company

Corporate Communication Framework

The announcement was made on March 20, 2026, through official communication to the National Stock Exchange of India Limited and BSE Limited. The company's Managing Director, Ashish Shah (DIN: 00089075), has signed the official intimation, ensuring proper corporate governance protocols are followed.

This investor meeting represents part of the company's ongoing efforts to maintain regular communication with the investment community while adhering to regulatory requirements and ensuring transparency in information sharing.