PFL Infotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/09/2025 ,inter alia, to consider and approve 1) To consider the appointment ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PFL Infotech Ltd has called a Board meeting on 4 September 2025 to consider several key items. Two new Additional (Non-Executive and Independent) Directors — Mr. Pankaj Jain and Mr. Vipin Shantilal Champawat — are proposed to be appointed. Meanwhile, two existing Independent Directors — Mr. Abhinandan Jain and Mrs. Sujana Kadiam (who also serves as Chairperson) — are proposed to resign. The Board will also consider a further issue of equity shares on a preferential basis, a reduction of share capital, shifting the registered office from Telangana to Himachal Pradesh, and fixing the date for the 38th Annual General Meeting.
Shareholders should note significant board-level churn with two Independent Directors exiting and two new ones entering, alongside capital structure changes (preferential share issue and share capital reduction) and a registered office shift, all of which could affect governance, ownership, and stock sentiment.