AGM/EGM17 Sept 2026, 06:50 pm
Wherrelz IT Solutions: EGM Corrigendum on Preferential Issue Price
AI Summary
Wherrelz IT Solutions Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice. The corrigendum clarifies and corrects details regarding a preferential issue of equity shares for conversion of outstanding unsecured loans. The issue price has been revised from ₹10.00 to ₹10.07 per equity share, and the number of shares to be issued has been adjusted to 4,64,45,183, resulting in a revised aggregate consideration of ₹46,77,02,993. These changes are consequential to a valuation report and aim to comply with SEBI regulations.
Key Highlights
- EGM notice corrected for preferential issue details.
- Issue price revised from ₹10.00 to ₹10.07 per share.
- Number of shares adjusted to 4,64,45,183.
- Total consideration revised to ₹46,77,02,993.
- Changes due to valuation report and SEBI compliance.
Price Impact
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