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Indian Infotech & Software Ltd, a Non-Banking Finance Company, has filed its 43rd Annual Report along with the AGM notice for FY2024-25. The 43rd AGM is scheduled for Tuesday, September 30, 2025 at 11:30 AM through video conferencing (VC/OAVM). Seven items are on the agenda, including adoption of financial statements, re-appointment of Ms. Shilpi Chourasiya (Executive Director) who retires by rotation, and several special business items. Key resolutions seek shareholders' approval to raise the investment, loan and guarantee limit under Section 186 of the Companies Act up to Rs. 500 crores, increase related party transaction limit to Rs. 250 crores, and raise borrowing power under Section 180(1)(c) to Rs. 500 crores. The notice also seeks appointment of Mrs. Khushboo Vasudev as Independent Director for five years and M/s Brajesh Gupta & Co. as Secretarial Auditor for five years from April 1, 2025.
The proposed special resolutions would significantly expand the company's ability to invest, lend, borrow, and transact with related parties, signaling an aggressive growth or capital deployment strategy ahead. Shareholders should review and vote on these resolutions during the remote e-voting window from September 27-29, 2025, as the expanded limits could materially affect future transactions and capital structure.