Wherrelz IT Solutions board meet on 17 Apr 2026: FY26 results

What the BSE filing says

Wherrelz IT Solutions Ltd has informed BSE that its Board of Directors will meet on April 17, 2026 to take up audited financial results and capital-raising related proposals. The intimation was made under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company said the board will consider audited financial results for the half year and year ended March 31, 2026. It will also consider items linked to a proposed preferential issue of shares and/or warrants.

The filing frames the meeting as both a financial reporting milestone and a corporate action decision point. Alongside approving the accounts, the board is expected to decide process-related details such as the relevant date for the preferential issue and the schedule for an Extraordinary General Meeting (EGM). The agenda also includes “any other business with the permission of Chairman,” a standard board meeting clause.

Meeting date and venue

According to the disclosure, the board meeting is scheduled for April 17, 2026. The meeting will be held at the company’s registered office in New Panvel East, Navi Mumbai (Raigarh), Maharashtra. The company’s trading identifiers in the same information set include BSE security code 543436 and symbol WITS.

The notification was submitted to BSE on April 11, 2026 and was signed by Pankaj Saxena, Director (DIN: 10289985). The company’s Corporate Identification Number (CIN) is U74999MH2014PLC260236.

FY26 audited results and auditor documentation

A central agenda item is approval of the audited financial results for the half year and full year ended March 31, 2026. The filing also mentions that the Auditor’s Report and a certificate for an unmodified opinion are to be considered pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

Because the results are audited, the board’s approval would typically be followed by a stock exchange submission under the applicable disclosure timelines. The filing does not provide numbers for FY26 in the text provided, and it does not indicate whether the company will declare any other financial announcements along with the audited results.

Preferential issue proposal: shares and/or warrants

The second major agenda item is a preferential issue of shares and/or warrants. The proposal is described as being in line with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company said the issue is proposed to non-promoters and is linked to cash consideration through conversion of loan.

The filing also states that the preferential issue is subject to shareholder approval and such other approvals as may be required under applicable laws. No issue size, pricing, number of securities, or names of proposed allottees are included in the provided text.

Procedural items: relevant date, EGM, and scrutinizer

Along with deciding on the preferential issue itself, the board will consider setting a relevant date for the purpose of the issue. It will also fix the day, date, and time for an Extraordinary General Meeting and appoint a scrutinizer. These steps are important because a preferential issue typically requires shareholder approval through a special resolution, and the scrutinizer is part of the voting and reporting process.

The filing positions these as enabling decisions to move the proposal from board consideration to shareholder action.

SEBI compliance certificate: shares remain in demat form

Separately, the company filed its quarterly SEBI compliance certificate with BSE for Q4 FY26. The filing confirms that all shares remain in dematerialised form. The certificate, issued by registrar Bigshare Services, stated that no rematerialisation or dematerialisation requests were received during the quarter ended March 31, 2026.

For investors, this is a routine but relevant disclosure, as it confirms the status of shareholding in demat form and provides an administrative checkpoint on registrar activity for the quarter.

Background: earlier fund-raising discussions and prior audited results

The provided information also references earlier board actions and proposals. Wherrelz IT Solutions had previously scheduled a board meeting on January 21, 2026 to consider a preferential issue of shares and/or warrants to non-promoters for loan conversion, along with EGM-related matters. The company’s older filings also mention a board meeting intimation dated February 25, 2025 to consider raising funds via a rights issue to eligible shareholders, and a Regulation 30 announcement on March 11, 2025 stating that the board approved a rights issue of shares.

In another historical disclosure included in the provided text, the company’s FY25 audited results were approved on May 22, 2025 with an unmodified auditor’s opinion.

Snapshot of key disclosed facts

Company context from the provided information

Wherrelz IT Solutions Limited is described as being incorporated in 2014 and providing services related to software development and technology consultancy. The provided text also includes select financial and market data points, including market cap of ₹8.99 crore and a current price of ₹231 (as shown in the same information set).

The company’s annual report extract in the provided text states that gross income from operations was ₹8.6331 crore compared with ₹0.5857 crore in the previous year, and that profit after tax was ₹0.0976 crore compared with a loss of ₹0.0502 crore in the previous year. These figures are presented as part of an annual report narrative and are separate from the FY26 audited results that will be taken up at the April 17, 2026 board meeting.

Why the April 17 board meeting matters for shareholders

The April 17 board meeting combines audited reporting for FY26 with a potential capital structure action linked to loan conversion. If the board proceeds with the preferential issue proposal, the next steps indicated in the filing include fixing the relevant date and calling an EGM, where shareholders would vote on the necessary resolutions.

The demat compliance certificate for Q4 FY26 adds an operational disclosure confirming the company’s shareholding status in dematerialised form, with no demat or remat requests recorded during the quarter.

What to watch next

The next confirmed event is the board meeting on April 17, 2026. Following the meeting, investors will look for the company’s submission of the audited financial results for the half year and year ended March 31, 2026, and any board decision on the preferential issue and EGM schedule as outlined in the agenda.