Announced Thu, 19 Jun · 15:52 IST

Indian Infotech & Software Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/06/2025 ,inter alia, to consider and approve Dear Sir(s), We ....

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian Infotech & Software Ltd has informed BSE that its Board Meeting scheduled for Monday, 23rd June 2025 has been adjourned. This meeting was originally intended to consider and approve a Rights Issue as its first agenda item, along with any other business. The company had previously issued multiple intimations on 2nd, 6th, 10th, and 16th June 2025 about the meeting being rescheduled due to lack of quorum. The trading window for insider trading will reopen 48 hours after the next board approval, subject to any SEBI or stock exchange clarification. No new date for the reconvened meeting has been announced in this filing.

Likely market impact

Shareholders waiting for the Rights Issue announcement face further delay as the board has now been adjourned without a new date confirmed. Repeated postponements and lack of quorum may signal governance concerns and could keep the stock subdued until clarity emerges on the rights issue and next board meeting date.