iDentixweb Limited has announced that its board meeting is scheduled to take place on May 30, 2026. The primary agenda for this meeting is to consider and approve the financial results for the fiscal year 2026. This proceeding is conducted in accordance with the requirements of Regulation 29.

The company intends to finalize its financial statements for the specified period during this session. Shareholders and market participants can expect the official disclosure of the financial performance following the conclusion of the board meeting.

Meeting Details

iDentixweb Limited has issued a Postal Ballot Notice dated May 08, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking shareholder approval for two key resolutions involving its subsidiary, Munim ERP Private Limited. The notice has been filed with BSE Limited and covers material related party transactions as well as provisions for loans, guarantees, and securities under Section 185 of the Companies Act, 2013. The entire voting process will be conducted electronically through the National Securities Depository Limited (NSDL) platform.

Postal Ballot Schedule and Voting Timeline

The postal ballot process follows a defined schedule, with the cut-off date for determining eligible shareholders set at Friday, May 01, 2026. Only those members whose names appear in the Register of Members or Register of Beneficial Owners as on this date are entitled to participate in the e-voting process. The key dates for the postal ballot are outlined below:

The Board of Directors has appointed M/s. Hardik Jetani & Associates, Practicing Company Secretaries, as the scrutinizer for conducting the postal ballot through the e-voting process in a fair and transparent manner.

Resolution 1: Material Related Party Transactions with Munim ERP

The first resolution, proposed as an Ordinary Resolution, seeks shareholder consent for material related party transactions between iDentixweb Limited and Munim ERP Private Limited, its subsidiary in which it holds a 50.01% stake. Munim ERP is engaged in accounting and GST compliance software, specialising in ERP solutions for various industries and is based in Surat, India. The proposed transactions for FY 2026-27 are on an arm's length basis and in the ordinary course of business, as reviewed and approved by the Audit Committee and Board of Directors at their respective meetings held on April 23, 2026.

The proposed transaction limits for FY 2026-27 are as follows:

The proposed transactions represent a significant portion of the company's consolidated turnover for FY 2024-25. Specifically, the estimated value for availing or rendering of services represents 109.97% of consolidated turnover, while loan, securities, and guarantee transactions each represent 219.94% of consolidated turnover for FY 2024-25. As a percentage of Munim ERP's standalone turnover for FY 2024-25, the services transaction represents 1788.02%, while loan, securities, and guarantee transactions each represent 3576.04%.

Munim ERP Financial Performance (FY 2024-25)

The financial performance of Munim ERP Private Limited for FY 2024-25, on a standalone basis, is presented below for shareholder reference:

Previous transactions between iDentixweb and Munim ERP during FY 2024-25 included loans given of INR 346.36 Lakh and loans received back of INR 20.95 Lakh. During the current financial year up to the quarter immediately preceding the approval (April 25 – March 26), transactions included interest income on loans of INR 109.62 Lakh, loans given of INR 610.47 Lakh, and loans received back of INR 14.50 Lakh. Loans proposed under this resolution carry an interest rate of 09.00% per annum (subject to revision), are repayable on demand, and are unsecured in nature.

Resolution 2: Loan, Guarantee, and Security Approvals Under Section 185

The second resolution, proposed as a Special Resolution, supersedes the special resolution passed by members on May 18, 2024. It seeks approval for iDentixweb to advance loans, provide guarantees, or furnish securities in connection with loans taken or to be taken by Munim ERP Private Limited or any other entity in which any director of the company is deemed to be interested under Section 185(2)(b) of the Companies Act, 2013. The aggregate outstanding amount under this resolution shall not exceed Rupees 30.00 Crores (Rupees Thirty Crores Only) at any point in time. The funds are intended to meet capital expenditure requirements, business expansion, and working capital needs of the beneficiary entities. The Board of Directors has recommended this resolution for member approval, noting that the proposed loans shall be deployed from internal resources/accruals and/or other appropriate sources.

E-Voting Process and Contact Details

Shareholders can cast their votes electronically through the NSDL e-voting platform at www.evoting.nsdl.com during the designated voting window. The Postal Ballot Notice is also available on the company's website at www.identixweb.com and on the BSE website at www.bseindia.com . Key contact details for the postal ballot process are provided below:

The resolutions, if approved, shall be deemed to have been passed on Tuesday, June 9, 2026, being the last date of e-voting. Results along with the Scrutinizer's Report will be published on the company's website, NSDL's website, and the BSE website, and will also be displayed at the company's registered office in Surat, Gujarat.