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Wealth First Portfolio Managers Ltd. ( (IN:WEALTH) ) just unveiled an announcement.
Promoter representative Ashish Navnitlal Shah has disclosed that the promoter and promoter group of Wealth First Portfolio Managers Ltd. collectively held 7,889,326 equity shares, representing 74.04% of the company’s paid-up equity capital as of March 31, 2026. The filing confirms that none of these promoter-held shares were encumbered, directly or indirectly, during the financial year, indicating a stable promoter stake and potentially reinforcing investor confidence in the company’s governance and capital structure.
The declaration, submitted under Regulation 31(4) of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011, lists individual promoters and several promoter group entities associated with Wealth First. By affirming that the number of encumbered shares is nil, the promoters signal that their holdings remain free from pledges or other restrictions, which may be viewed positively by shareholders monitoring leverage and control-related risks.
More about Wealth First Portfolio Managers Ltd.
Wealth First Portfolio Managers Ltd. operates in the financial services industry, focusing on portfolio management, investment advisory, and related capital market activities. The company is listed on the National Stock Exchange of India and BSE, reflecting its presence in India’s public capital markets and its role in serving investors seeking professional wealth and portfolio management solutions.
Average Trading Volume: 4,768
Technical Sentiment Signal: Hold
Current Market Cap: 8.8B INR
See more data about WEALTH stock on TipRanks’ Stock Analysis page.