In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board Meeting of M/s Baron Infotech Limited adjourned ....
Awaiting price reaction for this filing.
Baron Infotech Limited, currently under the Corporate Insolvency Resolution Process (CIRP), informed BSE that its Board Meeting — originally scheduled on February 13, 2026 and later adjourned to February 20, 2026 — could not be held because there was no quorum (insufficient number of directors present). As a result, both the original and the adjourned meeting stand cancelled under the Companies Act, 2013 and Secretarial Standards-1. The intimation was filed by the Resolution Professional, CS Dr. Ahalada Rao Vummenthala, as required under SEBI Listing Regulations.
This is a negative governance signal — with the board unable to meet, no decisions on the agenda (which may have included insolvency-related or financial matters) could be taken, potentially delaying the company's resolution process. Shareholders already face heightened uncertainty because the company is under CIRP, and this further highlights operational and governance difficulties.