3IINFOLTDNSE3i Infotech Limited· IT - SoftwareHighNeutral
Announced Wed, 14 May, 2025 · 22:22 IST

3i Infotech Limited has informed the Exchange about General Updates - 2. (1) Approval for raising of funds by way of Rights Issue (2) Approval for appointment of SMP (3) 4. Re-appointment of Secretarial Auditor (4) 5. Constitution of High-Powered Committee

3IINFOLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+6.3%Reaction day
₹24.60
prior close
₹26.60
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+5.3% vs market
Computers - Software & Consulting peers, median of 59sector+0.8%+5.5% vs sector

On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 5.5 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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Reaction day
+6.3+1.0+5.3+0.8+5.5
Next day
+3.8+1.8+2.0+0.9+2.9
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+2.8+1.9+0.9-0.0+2.9
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+3.5+3.8-0.3+2.0+1.5
15d
-0.1+5.7-5.7-0.2+0.1
1m
+4.0+6.7-2.7+3.6+0.4
2m
-3.0+9.6-12.6+1.7-4.8
3m
-10.1+4.6-14.7-3.9-6.2
UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

3i Infotech's board approved its FY2024-25 audited results, reporting a consolidated net profit of Rs. 25.35 crore versus a Rs. 313.57 crore loss in FY24, with standalone net profit of Rs. 44.49 crore versus a Rs. 818.63 crore loss. Consolidated revenue from operations fell to Rs. 725.76 crore from Rs. 813.88 crore, while standalone revenue rose to Rs. 364.62 crore from Rs. 357.33 crore. The board approved a rights issue of up to Rs. 100 crore to eligible shareholders, appointed Mr. Vinod Pahlawat (Chief Growth Officer) as a Senior Management Personnel, and re-appointed SAP & Associates as Secretarial Auditor for five years (FY26–FY30). A High-Powered Committee comprising two retired judges and one retired SEBI official has been formed to guide legal action against former management, employees, and directors based on the forensic audit report. Statutory auditors gave an unmodified opinion on standalone results but a modified opinion on consolidated results, flagging issues at subsidiaries including going-concern concerns at Nure FutureTech.

Likely market impact

The sharp turnaround from a multi-hundred-crore loss to profit is positive for the stock, while the Rs. 100 crore rights issue may dilute existing shareholders but bolster the balance sheet. Governance cleanup via the High-Powered Committee signals accountability, though audit qualifications on subsidiary financials remain a watch point.