Wherrelz IT Solutions EGM: Special Resolution on Preferential Issue Approved

Wherrelz IT Solutions Ltd conducted an Extra-Ordinary General Meeting (EGM) to approve a special resolution for the issuance of up to 46,445,183 equity shares on a preferential basis. This issuance is upon the conversion of outstanding unsecured loans. The resolution involved a revised price per equity share from ₹10 to ₹10.07, a revised total number of equity shares from 4,67,70,300 to 4,64,45,183, and an aggregate consideration revised from ₹46,77,03,000 to ₹46,77,02,993. The voting results, along with the scrutinizer's report, have been filed. The company noted that due to e-voting only, attendance figures were zero.