Wealth First Portfolio Managers Ltd

💰 Wealth First Expands Portfolio with 69.7% Stake in Lakshya AMC

- Wealth First Portfolio Managers acquired 66,66,666 shares in Lakshya AMC at ₹60/share (₹50 premium)

- Total acquisition cost: ₹39,99,99,960 (≈₹40 crore)

- Lakshya AMC becomes 69.7% subsidiary of Wealth First

- Lakshya AMC is pre-operational (business not yet started)

- Deal executed via preferential allotment at arm's length

- Lakshya's authorized capital: ₹18 crore; paid-up capital: ₹11 crore

- Transaction already completed