Identixweb has scheduled its 9th Annual General Meeting for Tuesday, September 29, 2026, at 3:00 pm. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means as permitted by the Ministry of Corporate Affairs.

The primary agenda includes the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Additionally, shareholders will vote on the reappointment of Mrs. Hiralben Ankurbhai Lakhani as a Non-Executive Director.

Voting Schedule and Eligibility

Remote e-voting will be facilitated by National Securities Depository Limited. The voting window opens at 9:00 am on Saturday, September 26, 2026, and closes at 5:00 pm on Monday, September 28, 2026.

Only members whose names appear in the Register of Members or List of Beneficial Owners as on the record date are eligible to vote. The company has engaged CS Hardikkumar Jetani as the scrutinizer for the voting process.

Director Reappointment

Mrs. Hiralben Ankurbhai Lakhani retires by rotation and seeks reappointment. She holds a Master of Arts degree and has five years of experience in graphic and web design. She was originally appointed on September 30, 2023.

As of March 31, 2026, she holds 9,025 equity shares. She attended all 10 board meetings during the financial year 2025-26. The resolution for her reappointment will be considered as an ordinary resolution.

Identixweb Ltd has approved the acquisition of an additional 20.04% stake in its subsidiary, Munim ERP Private Limited, for a total consideration of ₹1,223.48 Lakh. The transaction aims to rationalize the debt structure of the subsidiary and involves the conversion of an inter-corporate loan into equity. The acquisition is classified as a related party transaction and is being conducted on an arm’s length basis based on a valuation report from a registered valuer.

The board approval covers the subscription of 6,693 equity shares of ₹10 each. Following the acquisition, Identixweb will increase its shareholding in Munim ERP Private Limited. The company intends to complete the transaction within 30 days. No specific governmental or regulatory approvals are required for this acquisition.

Munim ERP Private Limited, located in Surat, specializes in accounting and GST compliance software, focusing on Enterprise Resource Planning (ERP) solutions. The entity was incorporated on June 8, 2022. As per the audited financial statements as on March 31, 2026, the target entity reported a turnover of ₹196.06 Lakhs and a negative net worth of ₹310.19 Lakhs.

The transaction involves promoters of Identixweb Ltd, including Mr. Priyankkumar Jivrajbhai Savani and Mr. Ankur Jagdishbhai Lakhani, who also serve as directors on the board of Munim ERP Private Limited. The authorized capital of the target entity is ₹1,00,000, divided into 10,000 equity shares of ₹10 each, with a process underway to increase this capital.

Financial Performance of Munim ERP Private Limited

The subsidiary has demonstrated significant revenue growth over the past three fiscal years.