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TechFlow news, on February 12, according to an official announcement from WazirX, the exchange will hold a vote on its restructuring plan between March 19 and March 28.
If the proposal is approved by a majority, eligible creditors will receive approximately 85% of their allocated assets within 10 business days after the plan becomes effective, with specific amounts based on balances as of 1:00 PM Indian Standard Time on July 18, 2024.
According to an official announcement from WazirX, the exchange will hold a vote on its restructuring plan between March 19 and March 28. If the proposal is approved by a majority, eligible creditors will receive approximately 85% of their allocated assets within 10 business days after the plan becomes effective. The specific amounts will be calculated based on balances recorded at 1:00 PM Indian Standard Time on July 18, 2024.
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