BSEInfinity Infoway LtdMediumPositive
Announced Wed, 29 Apr · 11:32 IST

Announcement under Regulation 30 of SEBI LODR for "Grant of Patent"

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

Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹350.00
prior close
₹379.95
base price
In-mkt
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+0.0-3.9-3.9-3.9+2.3+6.0+1.4+7.1+6.0+8.6+4.3+14.5
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AI summary

Infinity Infoway Ltd has received a patent grant from the Indian Patent Office for its invention titled 'A Method and System for Securely Distributing Confidential Document', covering its proprietary 'ZEROTOUCH DaaS' (Device-as-a-Service) technology. The patent (Number: 587857) was filed on July 8, 2024 and granted on April 28, 2026, with a 20-year term from the filing date. The company had previously disclosed the patent application as under examination in its Prospectus. The patent strengthens the company's intellectual property portfolio and is described as a significant technological milestone providing a competitive advantage in the secure document management sector.

Likely market impact

The patent grant reinforces Infinity Infoway's technological capabilities in the DaaS segment and protects a key proprietary technology, which could support future revenue generation and competitive positioning, though it does not immediately translate to orders or revenue.