IKOMA Technologies Limited successfully conducted its board meeting on April 7, 2026, addressing critical business matters including the approval of unaudited financial results for the quarter ended December 31, 2025, and significant organizational changes. The meeting was conducted via video-conferencing from 3:38 PM to 5:20 PM.

Financial Results and Performance

The board approved the unaudited financial results for the quarter ended December 31, 2025. The company's financial performance shows mixed results across different periods, with the latest quarter reflecting operational challenges.

The financial results were subjected to limited review by the company's statutory auditors, NYS & Company. The company's GST registration status is currently inactive as of the reporting date.

Major Board and Leadership Changes

The company announced extensive changes to its board composition, appointing five new directors across different categories to strengthen corporate governance.

All appointments are effective from April 7, 2026, for one year subject to approval of shareholders in the ensuing extraordinary general meeting.

Key Managerial Personnel Changes

Significant changes were made to the company's key managerial positions. Mr. Kapil Vinod Garg was appointed as Company Secretary and Compliance Officer, while Mr. Sanyog Kumar Rathi was appointed as Chief Financial Officer. These appointments followed the resignation of Mr. Rahul Anandrao Bhargav from his CFO position.

Director Resignations and Corporate Governance

The board acknowledged the resignations of three independent directors: Mr. Arvind Rangnarain Tiwari, Ms. Archana Chirawawala, and Mr. Sanjeev Seth. All three directors cited similar concerns in their resignation letters, including continuous non-compliance, lack of transparency, failure of management to respond, and ongoing legal exposure without adequate support.

Strategic Initiatives and Compliance Matters

The board discussed fund raising initiatives through various modes including private placement, right issue, qualified institutions placement, or preferential issue, but decided to defer the matter for future consideration. Additionally, the company approved entering into a termsheet with ICM Insurance Brokers Private Limited for a proposed takeover transaction.

The board also noted fines and penalties levied by BSE for certain non-compliances under SEBI regulations and decided to file a waiver application for relaxation of these fines. The meeting concluded with the board approving committee reconstitution and designation of the corporate office, marking a comprehensive organizational restructuring for the company.

IKOMA Technologies Limited has announced the resignation of three independent directors from its board, as disclosed in a regulatory filing dated March 31, 2026. The company, formerly known as Vuenow Infratech Limited, made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignations

The following independent directors have formally submitted their resignations:

All three directors have intimated their resignations to the Registrar of Companies as per regulatory requirements.

Board Meeting Schedule

The resignations will be placed before the Board of Directors for consideration and acceptance at the upcoming board meeting scheduled for April 06, 2026. This procedural step ensures compliance with corporate governance requirements and maintains transparency in board composition changes.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III to the said Regulations. The announcement was signed by Rahul Anandrao Bhargav, Managing Director & CFO, who holds DIN 08548577.

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