Nature of the Event

WSFX Global Pay Limited held its 39th Annual General Meeting (AGM) on Wednesday, September 23, 2026, from 3:00 PM to 4:45 PM IST. The meeting was conducted entirely through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with the Companies Act, 2013, MCA circulars, and SEBI Listing Regulations.

Key Figures

  • A final dividend of ₹1.50 per equity share (15%) was declared for the financial year 2025-26.

Dates of Action

The AGM was held on September 23, 2026. The remote e-voting facility was available from September 19, 2026, at 9:00 AM to September 22, 2026, at 5:00 PM. E-voting during the AGM remained open for 30 minutes after the meeting concluded.

Parties Involved

Directors Present:

  • Mr. Ramesh Venkataraman (Chairman, Non-Executive Director)
  • Mr. Srikrishna Narasimhan (Whole Time Director & Chief Executive Officer)
  • Ms. Asha Shah (Independent Director, Chairman of Stakeholders Relationship Committee & Nomination Remuneration Committee)
  • Mr. Ravinder Singh Amar (Independent Director, Chairman of Audit Committee)
  • Ms. Padmini Yash Dhuru (Additional Director-Independent Director)

Key Managerial Personnel:

  • Ms. Pooja Mishra (Chief Financial Officer)
  • Ms. Khushboo Doshi (Company Secretary & Compliance Officer)

Auditors & Scrutinizer:

  • Mr. Rahul Kabra (Authorized Representative of Statutory Auditor, M/s. S.R. Batliboi)
  • Mr. Dharmesh Zaveri (Proprietor of M/s. D.M. Zaveri & Co., Secretarial Auditor & Scrutinizer)

External Service Provider:

  • National Securities Depository Limited (NSDL) provided VC/OAVM and e-voting facilities.

Business Transacted (Resolutions)

The following seven resolutions were put to vote:

1. Ordinary Resolution: Adoption of Audited Financial Statements for the year ended March 31, 2026.

2. Ordinary Resolution: Declaration of Final Dividend of ₹1.50 per equity share (15%) for FY 2025-26.

3. Ordinary Resolution: Re-appointment of Mr. Ramesh Venkataraman (DIN: 03545080) as a Director retiring by rotation.

4. Special Resolution: Payment of remuneration to Mr. Ramesh Venkataraman, Non-Executive Non-Independent Director.

5. Special Resolution: Re-appointment of Mr. Srikrishna Narasimhan (DIN: 07175251) as Executive Director designated as Whole-Time Director & Chief Executive Officer.

6. Special Resolution: Appointment of Ms. Padmini Yash Dhuru (DIN: 08151220) as Non-Executive Independent Director for a five-year term effective August 13, 2026.

7. Special Resolution: Alteration of the Main Object Clause of the Memorandum of Association.

Procedural and Regulatory Details

  • The meeting was chaired by Mr. Ramesh Venkataraman. Quorum was present as per Section 103 of the Companies Act, 2013.
  • The Notice of AGM dated August 13, 2026, and the Annual Report for FY 2025-26 were circulated electronically to members.
  • The Statutory Auditors' Report contained no qualifications, reservations, adverse remarks, or disclaimers. The Secretarial Audit Report contained no qualifications requiring a Board explanation.
  • A corporate video and a presentation by the CEO on the company's performance and key business developments were presented.
  • Shareholder queries on business, performance, and strategy were addressed by the Chairman and management.
  • Mr. Dharmesh Zaveri was appointed as Scrutinizer to scrutinize the voting process.
  • The voting results and Scrutinizer's Report will be published on the company's website, NSDL's website, and submitted to BSE Limited.

Financial Impact

Financial impact is limited to the dividend outflow of ₹1.50 per share. The alteration of the MoA may have future strategic implications but no immediate financial impact is disclosed.