Indian Infotech & Software has fixed the book closure period for its 44th Annual General Meeting (AGM) from September 24, 2026, to September 30, 2026. This determines shareholder eligibility for voting on key agenda items.

The company scheduled its 44th AGM for Wednesday, September 30, 2026, at 4:00 pm. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM).

Auditor and Director Appointments

The AGM will seek shareholder approval for the appointment of M/s. SSRV and Associates as statutory auditors for a five-year term from the conclusion of the meeting until the 49th AGM in 2031. This replaces M/s ADV & Associates, whose term expires.

Additionally, shareholders will vote on the appointment of Mr. Yatin Vilas Chaphekar as an Independent Director for five years, effective October 1, 2026. The re-appointment of Ms. Shilpi Chourasiya, who retires by rotation, will also be considered.

Financial Limits and Related Party Transactions

The board proposed increasing the limit for investments, loans, guarantees, and advances to ₹500 crore under Section 186 of the Companies Act, 2013. This special resolution requires shareholder consent.

Similarly, the borrowing power limit was proposed to be increased to ₹500 crore under Section 180(1)(c). The board also approved material related party transactions amounting up to ₹250 crore for FY27, pending shareholder approval.

AGM Logistics and E-Voting

The e-voting period begins on Sunday, September 27, 2026, at 9:00 am and ends on Tuesday, September 29, 2026, at 5:00 pm. Shareholders holding shares as on the record date of September 23, 2026, are eligible to vote.

CS Brajesh Gupta was appointed as Scrutinizer for the e-voting process. Purva Sharegistry (India) Private Limited is facilitating the remote e-voting facility.

Indian Infotech & Software has scheduled a Board of Directors meeting for September 3, 2026. The agenda includes significant proposals to increase borrowing and investment limits, subject to shareholder approval at the upcoming Annual General Meeting.

The company seeks to raise its limit for investments, loans, guarantees, and advances to ₹500 crore. This proposal falls under Section 186 of the Companies Act, 2013. Additionally, the board will propose increasing the limit for Related Party Transactions to ₹250 crore.

Key Agenda Items

The meeting will address several critical corporate governance and financial matters:

• Borrowing Power: Proposal to increase borrowing limits to ₹500 crore, exceeding previous member-approved limits under Section 180(1)(c) of the Companies Act, 2013.
• Auditor Appointments: Approval of the Internal Auditor and re-appointment of the Statutory Auditor.
• Director Re-appointment: Recommendation for the re-appointment of Ms. Shilpi Chourasiya (DIN: 09302632), who is retiring by rotation under Section 152(6) of the Companies Act, 2013.
• Annual Reports: Adoption of the Directors Report, Management Discussion Analysis, and Corporate Governance Report for FY25-26.
• AGM Logistics: Fixing dates for the closure of the Register of Members and Transfer Books for the 44th Annual General Meeting. Appointment of a Scrutinizer for the e-voting process.

What the Numbers Show

The proposed increase in borrowing power and investment limits signals a potential shift in capital deployment strategy. With both the investment/guarantee limit and borrowing power capped at ₹500 crore, the company is aligning its debt capacity with its asset acquisition or lending capabilities. The separate ₹250 crore limit for related-party transactions suggests structured internal capital flows that require explicit shareholder oversight.

The meeting will also take on record the Secretarial Audit Report for FY25-26. The Company Secretary will be authorized to conduct the 44th AGM and manage the poll process.