iDentixweb Limited [ https://scanx.trade/company/identixweb-ltd] shareholders have approved proposals to enter into material related party transactions and provide loans or guarantees to Munim ERP Private Limited. The resolutions were passed via a remote e-voting process that concluded on June 9, 2026, under Section 110 of the Companies Act, 2013 and Regulation 44 of the SEBI (LODR) Regulations, 2015.

The Board of Directors had decided on May 08, 2026, to seek member consent for two specific items. The first item sought approval for material related party transactions between the company and Munim ERP Private Limited. The second item authorized the advancement of loans, provision of guarantees, or security to Munim ERP Private Limited under Section 185 of the Companies Act, 2013, or other entities where directors are deemed interested.

In compliance with Ministry of Corporate Affairs circulars and SEBI regulations, the company utilized only remote e-voting facilities managed by National Securities Depository Limited (NSDL). The voting period commenced on May 11, 2026, at 09:00 A.M IST and concluded on June 9, 2026, at 05:00 P.M IST. Shareholders holding shares in physical or demat form who had not registered email addresses were required to provide details such as PAN and Aadhaar to participate.

M/s. Hardik Jetani & Associates, Practicing Company Secretaries, were appointed as the Scrutinizer to ensure the voting process was conducted fairly. The Scrutinizer was tasked with unblocking votes and submitting a consolidated report to the Chairman by June 11, 2026. The results of the postal ballot will be communicated to BSE Limited and made available on the company’s and NSDL’s websites.

Key Dates and Process

identixweb Limited reported a 41.2% year-on-year increase in net profit to ₹469.9 lakhs for the financial year ended March 31, 2026, driven by robust growth in its SaaS operations. Revenue from operations rose 43.5% to ₹1,304.7 lakhs, while EBITDA improved 26.4% to ₹749.9 lakhs for the same period. The company’s board approved the audited standalone and consolidated financial results for FY26 and the half-year ended March 31, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the half-year ended March 31, 2026 (H2FY26), revenue stood at ₹726.3 lakhs, a 65.7% increase compared to H2FY25. Net profit for H2FY26 surged 83.4% to ₹250.7 lakhs, with margins expanding to 34.5%. EBITDA for the half-year grew 33% to ₹397.1 lakhs. Earnings per share (EPS) for the full year reached ₹5.13, up 13.5% year-on-year, while H2FY26 EPS stood at ₹2.64.

Financial Performance

Operational Highlights

Identixweb Limited continues to expand its SaaS product portfolio with the official unveiling of Sitegrowth AI, a solution designed to enhance digital product capabilities for global e-commerce merchants. The company serves over 12,000 active merchants, leveraging its portfolio of over 13 e-commerce applications. Its flagship products include iCart Cart Drawer, Stellar Delivery Date & Pickup, Wholesale Hero B2B Pricing, and SellMore Post Purchase Upsell.

Priyank Savani, Chairman and Managing Director, attributed the performance to the company's product-first mindset and dedication to pioneering AI within the e-commerce ecosystem. He noted that the expanding global footprint positions the firm to drive sustainable, cross-border value creation for its merchant community.