Indian Infotech & Software Limited has announced that its board meeting is scheduled to be held on Friday, May 29, 2026. The meeting will take place at the company's registered office located at 110, 1ST Floor, Golden Chamber Pre CO-OP Soc. Ltd., New Link Road, Andheri West, Mumbai 400053.

The primary agenda for the meeting is to consider and approve the audited standalone financial results for the quarter and year ended on March 31, 2026. The board will also discuss any other matter with the permission of the chairman.

In accordance with the company's code of conduct to regulate trading by designated persons, the trading window for dealing in the securities of the company shall remain closed for directors and other designated persons, including their immediate relatives. This closure is effective until May 31, 2026.

Meeting Details

The intimation was submitted to the BSE Limited on May 19, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Indian Infotech & Software Limited has officially submitted its monitoring agency report for the quarter ended 31st December, 2025, to BSE Limited on 14th February, 2026. The report, prepared by Acuité Ratings & Research Limited, provides a comprehensive overview of the utilization of proceeds from the company's rights issue conducted earlier in 2025, demonstrating full regulatory compliance under SEBI regulations.

Official Submission Details

The company submitted the report under Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 82(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The submission was made to BSE Limited for scrip code 509051 (Scrip Id: Indinfo) and signed by Managing Director Anant Chourasia (DIN: 09305661).

Rights Issue Details and Proceeds

The company conducted a rights issue from August 06, 2025, to September 02, 2025, targeting to raise INR 44.96 crores in net proceeds. However, due to undersubscription, the company raised INR 43.31 crores in net proceeds after accounting for issue-related expenses.

Fund Utilization Status

The monitoring agency report confirms that the company has utilized the raised funds according to the objects stated in the offer document. The proceeds were allocated across two primary categories with virtually complete deployment achieved.

Monitoring Agency Findings

Acuité Ratings & Research Limited, serving as the monitoring agency, conducted a thorough review of the fund utilization and reported several key findings. The agency confirmed no deviation from the objects stated in the offer document and verified that all utilizations are in accordance with the disclosures made by the company.

Regulatory Compliance and Outstanding Balance

The submission demonstrates the company's commitment to transparency and regulatory compliance in the utilization of public funds. The monitoring agency noted that a minimal balance of INR 0.001 crores remains maintained in the rights issue allotment account with Axis Bank, representing virtually complete utilization of the raised proceeds toward stated business objectives including capital base augmentation and general corporate purposes.