Wealth First Approves ₹52 Crore Acquisition Of Wealth First Advisors

30 June 2026

Wealth First Portfolio Managers Ltd.

Board approved acquisition of 100% of Wealth First Advisors Pvt Ltd, a wealth management firm. Phase I: 51% stake for Rs 52.10 Cr (Rs 40 Cr cash + Rs 12.10 Cr share swap) by Dec 2026. Phase II: remaining 49% by Mar 2030 via share swap. Related party transaction.