Wherrelz IT Solutions held its 12th Annual General Meeting on September 30, 2026, via Video Conferencing and Other Audio-Visual Means. All three resolutions put to vote were passed with 100% votes in favour and no invalid votes recorded.

The AGM commenced at 11:30 am and concluded at 11:50 am. The record date for determining eligible shareholders was September 23, 2026, with 75 shareholders on record. Of these, 2 promoter group members and 18 public shareholders attended via video conferencing. The meeting was chaired by Pankaj Saxena, Managing Director, who welcomed members and thanked them for their continued support.

Resolutions passed

Members considered and approved three resolutions at the meeting. The first was an ordinary resolution for adoption of the audited standalone financial statements for FY26, along with the reports of the Board of Directors and Statutory Auditors. The second involved the re-appointment of Sumanlata Dhareshwar (DIN: 07027595) as a Director retiring by rotation under Section 152(6) of the Companies Act, 2013. The third resolution approved the appointment of Mayuri Rupareliya, Practicing Company Secretary (COP No. 18634), as Secretarial Auditor of the company.

Voting results summary

Voting was conducted via remote e-voting and an Insta-Poll facility during the meeting. The remote e-voting window was open from September 27, 2026 at 9:00 am to September 29, 2026 at 5:00 pm. National Securities Depository Limited (NSDL) facilitated the e-voting services. The following table summarises the consolidated voting outcome across all three resolutions:

For Resolutions 1 and 2, total shares outstanding stood at 389600, with 34200 votes polled, representing 8.78% of outstanding shares. All votes were cast by Public-Non Institutions via e-voting. For Resolution 3, total shares outstanding were 3896, with 342 votes polled, also representing 8.78% of outstanding shares. No invalid votes were recorded against any resolution.

Scrutinizer details

CS Mayuri Rupareliya of M Rupareliya & Associates served as Scrutinizer to ensure a fair and transparent voting process. She was appointed by the Board at its meeting on September 8, 2026, and issued her consolidated report to the company on September 30, 2026. The scrutinizer's report confirmed that the e-voting data was reconciled with records maintained by Bigshare Services Private Limited. The voting results and scrutinizer report were submitted to BSE Limited on October 5, 2026, and uploaded on the company's website.

Meeting logistics

The deemed venue for the virtual meeting was the registered office of Wherrelz IT Solutions in Navi Mumbai. The AGM notice along with the Annual Report for FY26 was dispatched electronically on September 8, 2026 to all members whose email addresses were registered with the company, Registrar and Share Transfer Agent, or Depositories. Statutory registers were made available electronically for inspection by members during the proceedings. The voting results were communicated to the stock exchange within two working days of the meeting.

Wherrelz IT Solutions has called its 12th Annual General Meeting for September 30, 2026, to approve financial results that mark a return to profitability. The company reported a net profit of ₹22.96 lakh for FY26, recovering from a loss of ₹894.29 lakh in the prior year.

The BSE SME-listed firm also seeks shareholder approval to re-appoint Mrs. Sumanlata Dhareshwar as a director and to appoint CS Mayuri Rupareliya as its secretarial auditor.

Financial Performance

Revenue from operations grew significantly to ₹1,956.01 lakh in FY26, up from ₹1,071.76 lakh in FY25. This top-line expansion was accompanied by a sharp reduction in total expenses, which fell to ₹1,942.47 lakh from ₹1,966.11 lakh in the previous fiscal year.

The company did not recommend any dividend for the year under review. Share capital remained unchanged at ₹38.96 lakh.

What the Numbers Show

The turnaround in profitability was driven by operational leverage rather than just revenue growth. While revenue more than doubled, total expenses decreased slightly. This divergence suggests significant cost optimization or a shift in the cost structure, allowing the company to cross the break-even threshold despite modest absolute profit margins.

Corporate Governance & Compliance

The Board of Directors met four times during FY26. The Audit Committee, chaired by Independent Director Uma Krishnan, also held four meetings. The Nomination and Remuneration Committee and Stakeholders Relationship Committee each met once.

The secretarial audit report highlighted several compliance lapses, including delayed filing of shareholding patterns and shareholder complaints, which resulted in fines from the BSE. The company has not disclosed a group company incorporated outside India to regulatory authorities, as noted by the auditor.

AGM Details

• Date: September 30, 2026
• Time: 11:30 am
• Venue: Registered Office, Navi Mumbai
• Book Closure: September 18 to September 30, 2026
• E-Voting: Remote e-voting via NSDL opens on September 27, 2026