IB Infotech Enterprises Limited has announced that its Board of Directors will convene on March 31, 2026, to deliberate on a significant corporate action involving the sub-division of the company's equity shares. The meeting has been scheduled in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The primary focus of the upcoming board meeting will be to consider and approve a proposal for the sub-division of existing equity shares. The details of the proposed corporate action are outlined below:

Regulatory Compliance and Trading Window Closure

In adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Prevention of Insider Trading, IB Infotech Enterprises has implemented immediate measures to ensure compliance. The trading window for dealing in the company's securities has been closed for all designated persons and their immediate relatives with immediate effect.

The trading window closure will remain in place until 48 hours after the declaration of the board meeting outcome. This measure is designed to prevent any potential insider trading activities during the period when material information regarding the share sub-division proposal is being considered.

Corporate Communication

The company has formally communicated this development to BSE Limited through its listing compliance department. The notification, signed by Director Rita Singh on March 24, 2026, ensures that all stakeholders are informed about the upcoming board meeting and its implications for trading activities.

Next Steps

The board meeting outcome will determine whether the share sub-division proposal moves forward to the shareholder approval stage. If approved by the board, the company will need to seek approval from its shareholders and obtain necessary regulatory clearances before implementing the proposed sub-division of equity shares.

IB Infotech Enterprises Limited has announced the resignation of Mr. Jasmin Parekh from his position as Director of the company. The resignation became effective from the close of business hours on March 11, 2026.

Resignation Details

The company submitted the resignation intimation to BSE Limited in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, 2015. The formal communication was signed by Rita Singh, Director of IB Infotech Enterprises Limited.

Regulatory Compliance

The resignation disclosure was made pursuant to multiple regulatory requirements including Regulation 30 read with Para A, Part A of Schedule III of SEBI Listing Regulations, 2015. The company also referenced the SEBI Master Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its compliance framework.

Official Documentation

The resignation letter submitted by Mr. Parekh expressed gratitude to the Board members for their continuous support and cooperation during his tenure as Director. The company provided comprehensive annexure details as required under the regulatory framework, ensuring complete transparency in the directorial change process.

Company Information

IB Infotech Enterprises Limited operates from its registered office at 428, Kailash Plaza, Vallabh Baug Lane, Ghatkopar East, Mumbai 400 075. The company maintains its listing on BSE with scrip code 519463 and continues its business operations following the directorial change.