WGWSFx Global Pay511147AGM

Shareholders approve new Independent Director, re-appointment of Whole-Time Director & CEO at 39th AGM

Ms. Padmini Yash Dhuru (Chartered Accountant) as Non-Executive Independent Director for 5 consecutive years, from August 13, 2026 to August 12, 2031.

By ScoutQuest · Thu 24 Sep 2026, 5:08 PM IST · 2 min read

New Independent Director

Ms. Padmini Yash Dhuru appointed for 5 consecutive years from August 13, 2026 to August 12, 2031

CEO Re-appointment

Mr. Srikrishna Narasimhan re-appointed as Whole-Time Director & CEO from December 22, 2026 to December 21, 2029

CEO Shareholding

Mr. Srikrishna Narasimhan holds 60012 shares

Independent Director Shareholding

Ms. Padmini Yash Dhuru holds NIL shares

MOA Alteration

Alteration of the Main Object Clause of the Memorandum of Association approved

What was approved

The members of the company, at the 39th Annual General Meeting held on September 23, 2026 at 03:00 PM (IST), approved three items recommended by the Nomination & Remuneration Committee and the Board.

• Appointment of Ms. Padmini Yash Dhuru as Non-Executive Independent Director for a term of 5 consecutive years, from August 13, 2026 to August 12, 2031, not liable to retire by rotation.
• Re-appointment of Mr. Srikrishna Narasimhan as Executive Director designated Whole-Time Director & Chief Executive Officer, on expiry of his current tenure, with effect from December 22, 2026 to December 21, 2029.
• Alteration of the Main Object Clause of the Memorandum of Association of the Company.

About the new Independent Director

Ms. Dhuru is Proprietor of P Y Dhuru & Co., a Chartered Accountancy firm established in 1999, with over three decades of experience in internal and statutory audit, taxation, SOX implementation, process re-engineering and fraud investigation. She has worked with organisations including Citibank, Deutsche Bank, Tata Projects, The Indian Hotels Company Limited and Raymond Limited, and has served as Chief Information Security Officer of Hinduja Global Solutions Limited since 2024. She is a Fellow Member of the ICAI, holds a Diploma in Information System Audit (DISA) and a Level 1 Certification in Artificial Intelligence. She is also a Designated Partner in ADLEGIS Services LLP. Her shareholding in the company is NIL. The company states she is not debarred from holding the office of director by any SEBI or other order.

About the continuing CEO

Mr. Narasimhan has over three decades of experience in foreign exchange, cross-border payments and financial technology. He holds a Post Graduate Diploma in Business Administration from IIM Calcutta and a Bachelor's degree in Chemistry from the University of Madras. He spent approximately 18 years as CEO and Executive Director of Essel Finance VKC Forex Limited, and joined the company in July 2017, leading its shift from a traditional foreign exchange business to a digital-first cross-border payments fintech, including prepaid forex cards and international remittance services. He holds 60012 shares and is a Non-Executive, Non-Independent Director of Spice Money Limited.

How to read it

This is a leadership continuity and board composition update. Continuity at the CEO level is preserved for a fresh three-year term, while the board adds an independent member with audit, risk and information-security experience. The approval to alter the Main Object Clause of the Memorandum of Association relates to the scope of business activities the company is permitted to undertake.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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