WSFx Global Pay Limited has announced the allotment of 2,000 equity shares under its Employee Stock Option Plan-2018 (ESOP Plan-2018) on December 16, 2025. The Nomination and Remuneration Committee of the company approved the allotment through a Circular Resolution for eligible employees who exercised their vested stock options.

Share Allotment Details

The allotment comprises 2,000 equity shares with a face value of ₹10.00 each. These shares have been issued to employees under the company's ESOP Plan-2018 framework, which operates in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Impact on Share Capital

Following the allotment, the company's total number of equity shares has increased from 1,25,72,814 to 1,25,74,813 shares. The newly allotted shares will rank pari-passu with the existing shares of the company in all respects and are identical to the current equity shares.

Regulatory Compliance

The company has filed the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, information required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 has been provided for the share issuance.

The original ESOP plan filing date was May 22, 2018, under the then-applicable SEBI (Share Based Employee Benefits) Regulations, 2014, which is now recognized under the current 2021 regulations. Each stock option under the plan is convertible into one equity share, providing employees with the opportunity to participate in the company's growth through equity ownership.

WSFX Global Pay Limited, a prominent player in the financial services sector, has announced a significant change in its senior management. Kuldeep Pawar, the company's Chief Marketing Officer (CMO), has tendered his resignation to pursue personal aspirations and explore new opportunities.

Resignation Details

Transition Plan

Pawar has committed to ensuring a smooth transition by completing the handover of all ongoing responsibilities. This approach aims to maintain business continuity at WSFX Global Pay Limited during this leadership change.

Company Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, WSFX Global Pay Limited has formally notified the BSE Limited of this change in senior management. The company made this disclosure to maintain transparency with its stakeholders.

Impact and Next Steps

While the departure of a senior executive can often signal changes within an organization, WSFX Global Pay Limited has not provided any immediate information regarding a successor for the CMO position. The company's ability to manage this transition effectively will be crucial in maintaining its marketing strategies and overall business momentum.

As the financial services landscape continues to evolve, the appointment of a new CMO may be a key focus for WSFX Global Pay in the coming weeks. Stakeholders and industry observers will be keen to see how this change in leadership might influence the company's marketing direction and overall strategy in the competitive financial services market.