WF Asian Reconnaissance Fund Trims Stake in 5Paisa Capital to 17.88%

1 min read     Updated on 08 Nov 2025, 11:14 AM
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Shriram ShekharScanX News Team
Overview

WF Asian Reconnaissance Fund Limited has decreased its shareholding in 5Paisa Capital from 19.91% to 17.88% through a secondary market transaction. The fund sold 37,404 shares, reducing its total holding to 24,61,046 shares out of 5Paisa Capital's total paid-up equity capital of 3,12,42,338 shares. This disclosure was made in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

WF Asian Reconnaissance Fund Limited has recently reduced its shareholding in 5Paisa Capital through a secondary market transaction. The fund's stake in the company has decreased from 19.91% to 17.88%, representing a 2.03% reduction.

Transaction Details

The fund sold 37,404 shares carrying voting rights in the open market. Following this transaction, WF Asian Reconnaissance Fund now holds 24,61,046 shares out of 5Paisa Capital's total paid-up equity capital of 3,12,42,338 shares.

Shareholding Changes

To provide a clear picture of the changes in shareholding, here's a breakdown of the transaction:

Aspect Before Transaction After Transaction Change
Shareholding Percentage 19.91% 17.88% -2.03%
Number of Shares Held 24,98,450 24,61,046 -37,404

Regulatory Compliance

This disclosure was made in compliance with the Securities and Exchange Board of India's (SEBI) Substantial Acquisition of Shares and Takeover Regulations, 2011. These regulations require investors to disclose their shareholdings when they cross certain thresholds, ensuring transparency in the market.

Market Implications

While the reduction in stake by WF Asian Reconnaissance Fund is significant, it's important to note that the fund still maintains a substantial position in 5Paisa Capital. This move could be part of the fund's portfolio rebalancing strategy or a response to market conditions.

Investors and market watchers may want to keep an eye on any further changes in the shareholding pattern of 5Paisa Capital, as large institutional investors' actions can sometimes influence market sentiment and stock performance.

As always, it's advisable for individual investors to conduct their own research and consider multiple factors before making investment decisions based on changes in institutional holdings.

Historical Stock Returns for 5Paisa Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-3.03%-14.18%-15.41%-40.63%-6.31%
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5paisa Capital Strengthens Board Committees with New Independent Director

2 min read     Updated on 07 Nov 2025, 04:17 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

5Paisa Capital Limited has reconstituted its Information Technology (IT) and Independent Directors (ID) Committees. Mr. Zor Gorelov, an Additional Non-Executive Independent Director, has been inducted as a member in both committees. The IT Committee now comprises seven members, while the ID Committee consists of five non-executive independent directors. These changes, approved on November 7, 2025, will be effective from November 10, 2025. The restructuring aligns with Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

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*this image is generated using AI for illustrative purposes only.

5Paisa Capital Limited, a prominent player in the financial services sector, has announced significant changes to its board committees, enhancing its corporate governance structure. The company has reconstituted its Information Technology (IT) Committee and Independent Directors (ID) Committee by inducting Mr. Zor Gorelov, an Additional Non-Executive Independent Director, as a member in both committees.

Committee Restructuring

The reconstitution, approved by the Board of Directors through a circular resolution on November 7, 2025, will take effect from November 10, 2025. This move aligns with the company's commitment to maintaining robust corporate governance practices and leveraging diverse expertise in its decision-making processes.

Information Technology Committee

The reconstituted IT Committee now comprises seven members, bringing together a blend of technological and managerial expertise. The updated composition is as follows:

Sr. No. Name Position Designation
1. Mr. Ameya Agnihotri Chairman Whole-time Director & Chief Technology Officer
2. Mr. Milin Mehta Member Non-Executive Independent Director
3. Mr. Gaurav Seth Member Managing Director & Chief Executive Officer
4. Dr. Sarat Kumar Malik Member Non-Executive Independent Director
5. Mr. Zor Gorelov Member Additional Non-Executive Independent Director
6. Mr. Yogesh Maroli Member Chief Information Security Officer
7. Mr. Nilesh Chaudhari Member External Independent Expert

Independent Directors Committee

The ID Committee, crucial for maintaining independence in board decisions, has also been strengthened. The reconstituted committee consists of five non-executive independent directors:

Sr. No. Name Position Designation
1. Dr. Sarat Kumar Malik Chairman Non-Executive Independent Director
2. Ms. Nirali Sanghi Member Non-Executive Independent Director
3. Dr. Archana Hingorani Member Non-Executive Independent Director
4. Mr. Milin Mehta Member Non-Executive Independent Director
5. Mr. Zor Gorelov Member Additional Non-Executive Independent Director

Implications and Compliance

This restructuring is in line with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the stock exchanges - BSE Limited and the National Stock Exchange of India Ltd. - about these changes.

The inclusion of Mr. Zor Gorelov in both committees is expected to bring fresh perspectives and additional expertise to 5paisa Capital's governance structure. This move may potentially enhance the company's technological strategy and independent oversight, which are crucial in the rapidly evolving fintech landscape.

Investors and stakeholders can access more information about these changes on the company's official website at https://www.5paisa.com/investor-relations .

As 5paisa Capital continues to evolve its corporate structure, these committee reconstitutions reflect the company's ongoing commitment to strong governance practices and adaptability in the face of changing market dynamics.

Historical Stock Returns for 5Paisa Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-3.03%-14.18%-15.41%-40.63%-6.31%
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