Announced Fri, 29 Aug · 17:44 IST

Outcome of Board Meeting held today i.e. on 29th August, 2025

Management Changes View source PDF

Price

Loading chart…

▲ 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

The board of Indian Infotech & Software Ltd met on August 29, 2025, and approved several items. It appointed Mrs. Khushboo Vasudev (DIN: 08415000) as an Additional Women Independent Director, subject to shareholder approval at the 43rd AGM. The board approved an Internal Auditor for the company and noted the Secretarial Audit Report for FY 2024-25. It also approved proposals to significantly raise limits for investments/loans/guarantees (up to Rs. 500 crores under Section 186), related party transactions (up to Rs. 250 crores), and borrowing power (up to Rs. 500 crores under Section 180(1)(c)), all pending shareholder approval at the upcoming AGM. The board adopted the Directors' Report, MD&A, and Corporate Governance Report for FY 2024-25, finalised the AGM notice, and appointed a scrutinizer for the e-voting process.

Likely market impact

For shareholders, the main items to watch are the substantial hikes in investment, related-party transaction, and borrowing limits — these will require their approval at the upcoming AGM and could significantly expand the company's financial flexibility. The addition of a women independent director is a routine governance update.