Indo-City Infotech Limited shareholders approved a proposal to change the company's name to Indo-City Capital & Investment Limited during its 34th Annual General Meeting held on September 30, 2026.

The meeting, conducted at the company's premises in Goregaon (East), Mumbai, also ratified the adoption of audited financial statements for the financial year ended March 31, 2026. Key leadership appointments were confirmed, including the re-appointment of Aneel Jain as Managing Director and Chairman for a five-year term.

Meeting details

Resolutions considered

Members transacted five items of business, comprising ordinary and special resolutions. The ordinary business included the adoption of the audited balance sheet, profit and loss account, director's report, and auditor's report for FY26. Additionally, Mrs. Shashi Aneel Jain (DIN: 00103505) was re-appointed as a Non-executive Director liable to retire by rotation.

The special business resolutions passed were:

• Managing Director Appointment: Mr. Aneel Jain (DIN: 00030742) was appointed as Managing Director and Chairman for five consecutive years, from the conclusion of the 34th AGM until the conclusion of the 39th AGM. He is not liable to retire by rotation.
• Secretarial Auditor Appointment: M/s Nidhi Bajaj & Associates, Practicing Company Secretaries (ACS no. 28907, COP no. 14596, Peer Review Certificate no. 2458/2022), were appointed as Secretarial Auditors for five consecutive years, from the conclusion of the 34th AGM until the conclusion of the 39th AGM in 2031.
• Name Change: The company's name will change from "Indo-City Infotech Limited" to "Indo-City Capital & Investment Limited", or any other name approved by the Central Registration Centre/Registrar of Companies and accepted by the Board. This is subject to requisite statutory and regulatory approvals and consequent alterations to the Memorandum and Articles of Association.

Voting and compliance

The company provided remote e-voting facilities for all five items. Remote e-voting commenced at 9:00 am on September 27, 2026, and concluded at 5:00 pm on September 29, 2026. Members present who had not voted remotely used ballot boxes. CS Komal Birmiwal (Membership no.: 39718; COP: 20862) served as the scrutinizer.

The proceedings were disclosed to BSE Ltd. under Regulation 30 of the SEBI (LODR) Regulations, 2015. The filing was signed by Gourav Gupta, Company Secretary cum Compliance Officer.

Indo-City Infotech disclosed that Times Growth Securities Ltd acquired 17,000 equity shares on August 31 and September 1, 2026. The open market purchase increased the promoter group’s stake to 4.57%. Times Growth Securities is classified as part of the promoter group under SEBI regulations.

The acquisition was made through an open market buy on the Bombay Stock Exchange. Prior to this transaction, Times Growth Securities held 4,58,000 shares, representing 4.41% of the total voting capital. This holding followed an earlier acquisition of 5,000 shares on August 28, 2026, which had raised its stake from 4.36% to 4.41%. Following the latest purchase, its total holding stands at 4,75,000 shares. There were no encumbrances, pledges, or convertible securities associated with these holdings.

Regulatory Disclosures

The company filed the disclosure under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. It also complied with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total equity share capital remains at 1,04,00,000 equity shares of ₹10 each.

What the Numbers Show

The latest acquisition represents an increase of 0.16% in the promoter group’s stake. Combined with the previous purchases on August 27 and 28, the promoter group has added 25,000 shares in four consecutive days, moving from 4.28% to 4.57%. With no encumbrances reported, the holding reflects unpledged equity. The small transaction sizes suggest routine portfolio adjustment rather than a strategic shift in control.