30-Jun-2026 19:47:35

WEALTHAcquisition and merger

WEALTH FIRST : ACQUIRES WEALTH FIRST ADVISORS PVT LTD FOR RS 52.10 CR

• Company to acquire 100% equity share capital, voting power and beneficial interest in Wealth First Advisors Private Limited • Phase I: 51% acquisition for ₹52.10 Cr (₹40 Cr cash, ₹12.10 Cr share swap) by Dec 2026 • Phase II: Remaining 49% acquisition by Mar 2030, consideration to be determined later via share swap • Target entity is engaged in Wealth Management and financial product distribution • Acquisition aims to expand assets, distribution footprint and market position through inorganic growth

Wealth First Portfolio Managers Limited

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