Wherrelz IT Solutions Ltd

Wherrelz IT Solutions Proposes Capital Increase & Loan Conversion 💼📈

- Extraordinary General Meeting (EGM) to be held on May 18, 2026, at 2:00 PM IST via video conferencing

- Authorized share capital proposed to increase from ₹50,00,000 (5 lakh shares of ₹10 each) to ₹48,00,00,000 (4.8 crore shares of ₹10 each)

- Issuance of up to 4,67,70,300 equity shares at ₹10 each to convert outstanding unsecured loans totaling ₹46,77,03,000 into equity

- Preferential allotment to seven non-promoter corporate entities: Balaji Forex India Private Limited, Blackberry Sarees Private Limited, Comely Electrical Private Limited, Matrix Life Care Private Limited, Morning Vinimay Pvt Ltd, Tripurari Dealtrade Private Limited, and Integrated Proteins Limited