This is to inform you that the 1st meeting of FY 2025-26 of the Board of Directors of M/s Baron Infotech Limited, which was scheduled to be held on 13th February 2026, could not be conducted ....
Awaiting price reaction for this filing.
Baron Infotech Limited has informed BSE that its Board of Directors meeting scheduled for February 13, 2026 could not be held because there was no quorum. The meeting has been adjourned and will now be held on Friday, February 20, 2026 at 4:00 PM IST at the office of the Resolution Professional, and also through audio-visual mode. The company is currently under Corporate Insolvency Resolution Process (CIRP), with CS Dr Ahalada Rao Vummenthala acting as the Resolution Professional. The reconvened meeting will take place at the RP's office in Hyderabad.
The adjournment is procedural, but investors should note that the company is under insolvency proceedings, indicating ongoing financial distress. The outcome of the reconvened meeting and the overall CIRP process will be critical for shareholders. Lack of quorum at board meetings in an already insolvent company may signal governance challenges.