InfoBeans Techno. Ltd. has informed the Exchange regarding Notice of Court Convened General Meeting to be held on March 14, 2026
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InfoBeans Technologies Limited has notified the NSE about a Court Convened General Meeting (CCGM) scheduled for March 14, 2026. A court-convened meeting is typically called under Section 230 of the Companies Act, 2013, usually to seek shareholder approval for a scheme of arrangement, merger, amalgamation, or corporate restructuring. The company has not yet disclosed the specific agenda or resolution(s) to be considered at this meeting. Shareholders of record as of the cut-off date will be eligible to vote on the proposals. Further details, including the scheme document and explanatory statement, are expected to be circulated to shareholders separately.
Court-convened meetings are significant as they usually precede major corporate actions like mergers, demergers, or capital restructuring, which can materially affect the stock price and shareholder value depending on the terms of the proposed scheme.