Announced Fri, 6 Jun · 20:48 IST

Indian Infotech & Software Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/06/2025 ,inter alia, to consider and approve Dear Sir, We refer ....

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

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AI summary

Indian Infotech & Software Ltd has informed BSE that its Board Meeting originally scheduled for June 6, 2025 has been adjourned to June 10, 2025 due to lack of quorum. The original agenda was to consider and approve a rights issue (the company's first Board meeting for rights issue approval), along with any other business permitted by the Chair. The trading window for insider trading compliance will reopen 48 hours after the Board approves the results, subject to any clarification from the Stock Exchanges or SEBI.

Likely market impact

This is a procedural update with no immediate impact on shareholders. The rights issue proposal remains pending and may be considered at the adjourned meeting on June 10, 2025. Investors should watch for the outcome of the reconvened meeting to understand any potential dilution or capital-raising plans.