Wealth First Approves Financial Results, Recommends Dividend, and Increases Authorized Capital

Wealth First Approves Financial Results, Recommends Dividend, and Increases Authorized Capital​

Wealth First Portfolio Managers Limited announced key corporate actions following its Board of Directors meeting on May 29, 2026. The board approved the audited standalone and consolidated financial results for the fourth quarter and the financial year ended March 31, 2026. Additionally, the company recommended a final dividend and approved a significant increase in its authorized share capital.

The Board meeting approved the audited standalone and consolidated financial results, accompanied by an audit report from M/s Jaimin Deliwala & Co., Chartered Accountants. The auditors issued the reports with an unmodified opinion for the financial year ended March 31, 2026.

Dividend Recommendation and Capital Enhancement​

The Board of Directors recommended a Final Dividend of 10% (Rs. 1.00/- per Equity Share of Face Value Rs. 10/- each) for the financial year ended March 31, 2026. This dividend is applicable on 1,06,55,000 Equity Shares and remains subject to approval by the Company's members at the ensuing 24th Annual General Meeting.

In a move to enhance its capital structure, the company also approved an increase in its Authorized Share Capital. The authorized capital will be raised from the existing Rs. 11,00,00,000 (One Crore Ten Lakhs Only) divided into 1,10,00,000 Equity shares of Rs. 10/- to Rs. 12,00,00,000 (Twelve Crores Only) divided into 1,20,00,000 Equity shares of Rs. 10/-.

Governance and Advisory Changes​

The board also addressed several matters pertaining to corporate governance and administration:

Internal Audit Appointment
The Board re-appointed M/s H D Panchal & Co, Chartered Accountants, as the Internal Auditor for the Company for the Financial Year ending March 31, 2027. This appointment, which takes effect from May 29, 2026, was based on the recommendation of the Audit Committee.

Investment Committee Constitution
Effective May 30, 2026, the Board approved the constitution of the Investment Committee. The committee includes the following members:


Director Commission Approval
The Board also approved the payment of a commission to Ms. Binal Bhukhanwala Gandhi, Non-Executive Non-Independent Director. This commission is subject to the approval of the members and is set at up to one percent of the net profits of the company during the financial year.

Financial Highlights for the Year Ended March 31, 2026​

The audited financial results show the company's performance across key accounts.

Standalone Financial Results (Year Ended March 31, 2026)​

The key financial figures for the standalone results are detailed below:

Consolidated Financial Results (Year Ended March 31, 2026)​

The consolidated statements reported the following consolidated net profit figures:


The financial reports and the dividend details are available on the company’s official website and the stock exchange portals.

WEALTH Stock Price Movement​

Today, Wealth First Portfolio Managers Limited shares edged higher, closing at ₹987.4 after gaining 8.62% in trading today. The stock completed its session with solid market activity, recording a volume of 30,026 shares.