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WazirX: Plans to vote on the proposed restructuring plan from March 19 to 28

2025-02-12 22:36:14

ChainCatcher news, Indian cryptocurrency exchange WazirX announced on platform X that the next key step is to vote on the proposed restructuring plan.

Voting period: Scheduled to take place from March 19, 2025, to March 28, 2025. Asset rebalancing distribution: After the rebalancing is completed, if the majority of creditors vote in favor, approximately 85% of the account balances of the scheme creditors will be distributed within 10 working days after the restructuring plan takes effect (valued as of July 18, 2024, at 1 PM IST).

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