Wealth First Portfolio Managers Limited — AGM Information 2018

Sep 22, 2018

22nd September, 2018

To Manager - Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400051

REF: WEALTH FIRST PORTFOLIO MANAGERS LIMITED

SCRIP CODE: WEALTH

SUB: PROCEEDINGS OF 16TH ANNUAL GENERAL MEETING OF THE COMPANY

Pursuant to Regulation 30 of the SEBI LODR (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submitting proceedings of the 16th Annual General Meeting of the Members of Wealth First Portfolio Managers Limited held on Friday, 21st of September, 2018 commenced at 4.00 P.M and concluded at 5.20 P.M at the Registered Office of the Company situated at Capitol House, 10 Paras-II, Near Campus Corner, Prahaladnagar, Anandnagar, Ahmedabad-380015.

You are requested to kindly take the same on record.

Thanking you

Yours faithfully,

FOR AND ON BEHALF OF WEALTH FIRST PORTFOLIO MANAGERS LIMITED

MANAGING DIRECTOR DIN: 00089075

Wealth First Portfolio Managers Limited

Capitol House, 10, Paras-II, Near Prahladnagar Garden, Ahmedabad - 380 015 ↓ +91 79 40240000 decontact@wealthfirst.biz CIN - L67120GJ2002PLC040636

PROCEEDINGS OF THE 16TH ANNUAL GENERAL MEETING OF THE COMPANY HELD ON FRIDAY, 21st OF SEPTEMBER, 2018

The 16th Annual General Meeting ("the AGM") of the Members of the Company was held on FRIDAY, 21st OF SEPTEMBER, 2018 at the Registered Office of the Company situated at Capitol House, 10 Paras-II, Near Campus Corner, Prahaladnagar, Anandnagar, Abd-380015 commenced at 4.00 P.M and concluded at 5:20 P.M.

Mr. Ashish Shah, Chairman occupied the Chair and conducted the proceedings of the meeting. Mr. Rajan Mehta, Independent Director of the Company, chaired the proceedings in respect of the items of business where Mr. Ashish Shah was deemed to be interested.

Since Binal Gandhi, Independent Director and Chairman of Nomination and Remuneration Committee was absent, Mr. Rajan Mehta, member of the Committee has been authorized to represent members on behalf of Chairman of the Committee.

Total 13 (Thirteen) members were present in person/ representative at the meeting of the Company. (No proxy forms were received).

The Chairman declared that the requisite quorum was present at the meeting and that the meeting was in order to commence the official business.

The Chairman informed the members that the statutory registers under the Companies Act, 2013 are available for inspection. Then the Chairman introduced members to the Board including the independent directors and the Chairman of all the committees of the Board and informed that they were present in person at the meeting to answer the queries of the Shareholders.

Thereafter the Chairman introduced Statutory Auditor Mr. Chandramaulin Rajpara, Partner of M/s. Rajpara & Associates of the Company. The Internal Auditor, Secretarial Auditor and Scrutinizer were also present in person at the Annual General Meeting.

Thereafter the Chairman gave an overview of the financial performance of the Company for the financial year ended on March 31, 2018. The Chairman has replied to queries as raised by few of the shareholders as well as provided satisfactory explanations.

The Chairman then moved on to transacting the business as set out in the Notice of the 16th Annual General Meeting. The resolutions put for passing through Ballot Paper were passed by the Members, briefly, related to:

• 1. Adoption of Audited Standalone and Consolidated Financial Statements as at 31st March, 2018 with reports of Directors and Auditors thereon. (Ordinary Resolution).
• 1. Final Dividend of Rs. 1/- per equity share (@ 10%) for the F.Y 2017-18 was declared and the same to be paid to the members holding shares as on the record date i.e. 14th of September, 2018. (Ordinary Resolution)
• 1. Re-appointment of Mr. Ashish N. Shah [DIN: 00089075], as a Managing Director of the Company who retires by rotation. (Ordinary Resolution)
• 1. Increase in Authorised Share Capital of the Company from Rs. 7,00,00,000 (Rupees Seven Crore Only) divided into 70,00,000 (Seventy Lakhs Only) Equity Shares of Rs. 10/- (Rupees

FOR WEALTH FIRST PORTFOLIO MANAGERS LTD.

Wealth First Portfolio Managers Limited

vr Y

Capitol House, 10, Paras-II, Near Prahladnagar Garden, Althredabad ↓ +91 79 40240000 scontact@wealthfirst.biz CIN - L67120GJ2002PLC040636

Ten Only) each to Rs. 11,00,00,000 (Rupees Eleven Crores Only) divided into 1,10,00,000 (One Crore Ten Lakhs Only) Equity Shares of Rs. 10/- (Rupees Ten Only) each and alteration in Memorandum of Association of the Company.

The above businesses were transacted through Ballot Papers at the Annual General Meeting as required under the Companies Act, 2013 and SEBI Listing Regulations.

The Chairman informed the members that the result of ballot paper voting offered at the venue of meeting together with scrutinizers report will be intimated to the Stock Exchange and also be placed on the website of the Company.

Thereafter there being no other business, the Meeting terminated with a vote of thanks to the Chairman.

FOR AND ON BEHALF OF WEALTH FIRST PORTFOLIO MANAGERS LIMITED

MANAGING DIRECTOR DIN: 00089075

DATE: 22/09/2018

PLACE: AHMEDABAD

Wealth First Portfolio Managers Limited

Capitol House, 10, Paras-II, Near Prahladnagar Garden, Ahmedabad - 380 015 ↓ +91 79 40240000 contact@wealthfirst.biz ● www.wealth-firstonline.com CIN - L67120GJ2002PLC040636