The Board considered and approved the shifting of Registered Office of the Company
Awaiting price reaction for this filing.
The board of Wisec Global Ltd met on 8th May 2025 and approved shifting the company's registered office from 2nd Floor NH-II, C-Block, Naraina Vihar, Delhi-110028 to Office No 303, Plot No 6, 3rd Floor, Vardhman Arihant Chamber, Block-KP, Pitampura, Delhi-110034, effective the same day. In the same meeting, the board took note of the immediate resignation of Mr. Devender Singh from the position of Chief Financial Officer (CFO), citing personal pre-occupations as the reason. The company has disclosed the required KMP change details along with the resignation letter as annexures to the filing. The new office location remains within Delhi, suggesting an internal administrative relocation.
The office shift is a routine administrative move within Delhi and is unlikely to affect operations or shareholder value. However, the sudden departure of the CFO is a mild negative signal, as it can create short-term uncertainty in financial reporting and leadership until a replacement is appointed.