Pursuant to Regulation 30, we wish to inform you that the 25th Annual General Meeting ("AGM") of the Company was held on Tuesday, September 30, 2025 at 10:00 A.M. (IST) through Video Conferencing ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Infronics Systems Limited held its 25th AGM on September 30, 2025 at 10:00 AM via video conferencing, attended by 26 members including one director-shareholder. Two ordinary resolutions were tabled: (1) adoption of the audited financial statements for the year ended March 31, 2025, and (2) re-appointment of Mr. Vishnu Sri Ram Gurumurthy (DIN: 08614445) as a director, who retires by rotation. The Whole-Time Director highlighted a transition in management, the company's FY25 financial results, and the Board's decision to not recommend a dividend in order to conserve resources for long-term growth. Both the Statutory Audit Report and Secretarial Audit Report were clean, with no qualifications or adverse remarks. Five shareholders had registered to speak but none joined the meeting. Voting results will be declared within two working days.
The no-dividend decision may be a mild negative for income-focused investors but signals the company is reinvesting for growth. Clean audit reports and routine director re-appointment are neutral-to-positive, with no material surprises in the proceedings.