Indian Infotech & Software Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/08/2025 ,inter alia, to consider and approve Dear Sir(s), Pursuant ....
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The Board of Directors of Indian Infotech & Software Ltd will meet on Friday, 29th August 2025 at the registered office in Andheri West, Mumbai. The agenda includes approving the Directors' Report, Management Discussion & Analysis, and Corporate Governance Report for FY 2024-25, along with approving the Notice and fixing the date for the 43rd Annual General Meeting. Key proposals include appointing an Internal Auditor, adding a Women Director to the board, and taking on record the Secretarial Audit Report for FY 2024-25. The board will also consider three significant proposals that require shareholder approval at the upcoming AGM: raising the investment/loan/guarantee limit to up to Rs. 500 crore under Section 186, increasing Related Party Transaction limits to up to Rs. 250 crore, and boosting borrowing powers to up to Rs. 500 crore under Section 180(1)(c). All these resolutions are subject to shareholder approval at the next AGM.
The large proposed increases in borrowing, investment, and related party transaction limits (Rs. 500 crore and Rs. 250 crore) suggest the company may be preparing for significant fundraising, expansion, or related-party deals, which shareholders should review carefully at the upcoming AGM. The agenda is otherwise routine annual compliance and governance items.