WEALTH approves Q2 results, declares ₹4.00 interim dividend & change in designation
Wealth First approves Q2 results, declares ₹4.00 interim dividend & change in designation of Ms. Binal Bhukhanwala Gandhi from Non-Executive Independent Director to Non-Executive Non-Independent Director.
The dividend declaration and key management changes are likely to have a moderate impact on investor sentiment and company operations.
The announcement includes positive elements such as the approval of financial results and the declaration of an interim dividend.
* Wealth First Portfolio Managers Limited approved unaudited standalone and consolidated financial results for the second quarter and half year ended 30th September, 2025. * The board declared a second interim dividend for FY 2025-26 of 40%, which is ₹4.00 per equity share of face value ₹10 each, amounting to approximately ₹4.26 crore on 1,06,55,000 fully paid-up equity shares. * Record date for the interim dividend is 19th November, 2025. * Ms. Binal Bhukhanwala Gandhi's designation changed from Non-Executive Independent Director to Non-Executive Non-Independent Director, effective 14th November, 2025. * Reconstitution of various committees of the Board of Directors w.e.f. 14th November, 2025.
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Wealth First Portfolio Managers Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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