Indian Infotech & Software Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/06/2025 ,inter alia, to consider and approve 1. 1st (First) ....
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Indian Infotech & Software Ltd has informed BSE that its Board Meeting, originally scheduled for 16th June 2025, was held on 10th June 2025 but has been adjourned to 16th June 2025. The main purpose of the meeting is to consider and approve the company's first Board approval for a rights issue. The company also noted that any other business may be taken up with the Chairman's permission. The trading window for insiders will remain closed and will reopen 48 hours after the Board's approval, subject to any SEBI or stock exchange clarifications.
This is a procedural update regarding the timing of a Board Meeting. No new financial details about the rights issue (such as size, price, or ratio) have been disclosed yet. Shareholders should await the outcome of the adjourned meeting on 16th June 2025 for actual rights issue terms.