1. The Rights Issue Committee of the Company has reviewed the applications for 21,71,23,040 Rights Equity Shares submitted by shareholders categorized as 'Non-Eligible Shareholders as ....
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The Rights Issue Committee of Indian Infotech & Software Ltd met on September 4, 2025, and approved the allotment of 21,71,23,040 Rights Equity Shares. These shares were applied for by 1,164 applicants who fell under the 'Non-Eligible Shareholders' and 'Applications Renounced with Zero Rights Entitlement' categories. The applications were reviewed based on data provided by the Registrar and Transfer Agent and are being considered for allotment under the terms of the Letter of Offer's Basis of Allotment. The allotment is subject to approval from the Bombay Stock Exchange.
This is a procedural update on the company's recent Rights Issue, finalizing share allotments for non-eligible shareholders who renounced their entitlements. The pending BSE approval is the next milestone; shareholders should expect further updates on the actual allotment and listing of these shares.