WorldCall Telecom Limited has unveiled a strategic restructuring plan following an emergent board meeting, proposing corporate rebranding, international expansion, and balance sheet adjustments.

The board, which convened on April 8, 2026, will now present the proposals to shareholders for approval at the upcoming annual general meeting.

As part of the transformation, the board recommended changing the company’s name from WorldCall Telecom Limited to WorldCall Technologies Limited, reflecting its shift toward a technology-focused business model. The proposed rebranding is subject to approval from the Securities and Exchange Commission of Pakistan (SECP) and other regulatory authorities.

The company also plans to expand globally through the acquisition of a wholly owned subsidiary in the United Arab Emirates. Additionally, the board proposed a share swap arrangement with GlobalTech Corporation, the company’s ultimate holding entity, pending regulatory compliance and jurisdictional approvals.

On the financial front, the board recommended balance sheet restructuring under the Companies Act 2017 framework to address discounts on issued shares and accumulated losses. It also proposed extending the mandatory conversion date for convertible preference shares until December 31, 2030.

Other decisions included the appointment of external auditors, approval of a scrutinizer for the upcoming director elections, and authorization for senior management, including the CEO, CFO, and company secretary, to complete all regulatory and legal formalities.

The restructuring is expected to strengthen WorldCall’s corporate framework and position the company for growth both domestically and internationally.