- WazirX voting ends August 6 with third-party oversight guaranteeing safe, tamper-proof course of.
- Alvarez & Marsal to confirm votes earlier than Zettai seeks courtroom approval for the Amended Scheme.
- Zanmai to allow token entry inside 10 enterprise days after courtroom sanctions the scheme.
Voting on the Amended Scheme of Association for WazirX customers is at the moment underway and set to conclude on August 6, 2025, at 7:30 PM IST. The alternate has detailed a multi-step, unbiased system created to make sure the method stays clear and safe. As soon as all authorized necessities are met, eligible customers could have entry to tokens.
🗳️With voting underway and ending on sixth August at 7:30 PM IST, right here’s a fast take a look at what occurs subsequent and the way the method is absolutely safe and clear :
» All votes are collected on a safe, third-party platform – Kroll Issuer Companies
» After voting ends on sixth August,… pic.twitter.com/drhvWmaeYA
— WazirX: India Ka Bitcoin Alternate (@WazirXIndia) August 4, 2025
WazirX has adopted the Kroll Issuer Companies (KIS) platform to handle the gathering and storage of votes. KIS, acknowledged for its skill to handle legal responsibility and company motion options, hosts a safe, tech-enabled interface accessed immediately through the WazirX platform. In response to the report, every vote solid in the course of the interval is authenticated, timestamped, and saved in a protected system that’s meant to stop unauthorized tampering or manipulation.
As soon as the voting window closes, KIS will switch all voting knowledge to unbiased assessors for verification. The 2 appointed assessors, Joshua Taylor and Henry Anthony Chambers of Alvarez & Marsal (A&M), will obtain the total voting dataset. Taylor and Chambers are skilled professionals in restructuring and forensic accounting, respectively, with A&M offering advisory and verification companies throughout numerous industries globally.
Impartial Verification and Reporting Procedures
The unbiased assessors will study the voting information to make sure accuracy and integrity all through the method. Their evaluate will embody affirmation of vote authenticity and compliance with the required procedures. After finishing this verification, the assessors will subject an official report detailing their findings.
Zettai, the corporate overseeing the Scheme, together with the appointed Scheme Supervisor, will obtain this report. As soon as the verified outcomes are delivered, Zettai will formally notify all Scheme Collectors of the result.
Closing Approval and Token Entry Timeline
On condition that the unbiased verification has been concluded, Zettai is now more likely to strategy the Singapore courtroom, in search of to acquire the courtroom’s sanction on the Amended Scheme of Association after the requisite majority approval has been secured amongst the voting members. As soon as the courtroom makes the choice, the precise date of the Amended Scheme will grow to be efficient.
After the courtroom approves the scheme, Zanmai, one of many FIU-IND-regulated entities, will grant customers entry to eligible tokens. WazirX has acknowledged that this will probably be achieved inside ten enterprise days of the scheme’s efficient date.
