ACI Infocom Ltd postpones board meeting until further notice

1 min read     Updated on 30 Jun 2026, 08:43 PM
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ACI Infocom Ltd has postponed its board meeting originally scheduled for June 30, 2026, until further notice due to certain exigencies. The meeting was intended to consider a preferential allotment of equity shares to raise funds and bolster the capital base. The intimation was submitted to BSE Limited under Regulation 30 of the SEBI LODR Regulations, 2015.

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ACI Infocom Ltd has postponed the meeting of its Board of Directors which was scheduled on June 30, 2026, until further notice due to certain exigencies. The meeting was originally convened to evaluate a proposal for raising funds by issuing equity shares through preferential allotment cum private placement. This decision was communicated to BSE Limited on June 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The earlier intimation, submitted on June 24, 2026 under Regulation 29(1)(d), had outlined the board's intention to consider the issuance to bolster the company's capital base. The proposal required necessary regulatory and statutory approvals, as well as shareholder consent. Sanjay Natvarlal Mandavia, Executive Director of ACI Infocom Ltd, signed the regulatory filing disclosing the postponement.

Key Meeting Details

The following table outlines the status of the scheduled board meeting:

Event Details
Original Board Meeting Date June 30, 2026
Current Status Postponed until further notice
Original Agenda Consideration of preferential allotment of equity shares
Regulation Reference Regulation 30 of SEBI LODR Regulations, 2015

The preferential allotment cum private placement was intended as a significant step in the company's fund-raising strategy. The company has scrip code 517356 on BSE Limited.

Historical Stock Returns for ACI Infocom

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.10%+11.76%+23.15%-29.63%+49.44%

What specific exigencies led to the postponement, and when does the company expect to resolve them?

How will this delay impact ACI Infocom's capital base and upcoming financial obligations?

Will the company revise its fund-raising strategy or explore alternative financing options?

ACI Infocom FY26 loss widens to ₹185.41 lakh

1 min read     Updated on 01 Jun 2026, 08:57 PM
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Jubin VScanX News Team
AI Summary

ACI Infocom reported a widened net loss of ₹185.41 lakh for FY26 against a loss of ₹46.31 lakh in FY25, with zero revenue and expenses rising to ₹239.79 lakh due to bad debt provisions. Q4 saw a turnaround with a net profit of ₹23.63 lakh. The audited results were approved by the board on May 29, 2026.

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ACI Infocom Limited reported a widened net loss of ₹185.41 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹46.31 lakh in the previous year. The company recorded zero revenue from operations for the year, down from ₹51.98 lakh in FY25, while total expenses rose to ₹239.79 lakh from ₹185.08 lakh, primarily driven by a provision for bad debts of ₹181.84 lakh. The audited standalone financial results were approved by the board on May 29, 2026.

For the quarter ended March 31, 2026, the company reported a net profit of ₹23.63 lakh, reversing the net loss of ₹11.43 lakh recorded in the same quarter of the previous year. Revenue from operations for the quarter was nil, while other income stood at ₹33.99 lakh and total expenses were ₹10.36 lakh. Statutory auditors M/s Mittal & Associates issued an unmodified opinion on the audited annual financial results.

Financial Highlights for FY26

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from Operations - 51.98
Other Income 54.38 86.80
Total Expenses 239.79 185.08
Net Profit/(Loss) (185.41) (46.31)
Basic EPS (0.168) (0.042)

The board meeting commenced at 4:30 pm and concluded at 7:00 pm on May 29, 2026. The trading window, which was closed since April 1, 2026, will reopen 48 hours after the declaration of the audited financial results. The results were published in the Financial Express and Nalanda Express on May 30, 2026.

Historical Stock Returns for ACI Infocom

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.10%+11.76%+23.15%-29.63%+49.44%

What strategic initiatives will ACI Infocom implement to resume revenue generation and address the zero operational income reported in FY26?

How does the company plan to manage its debt obligations and reduce the high provision for bad debts moving forward?

Will the quarterly profitability trend be sustainable, or is it dependent on one-time gains like other income?

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