InfoBeans Technologies Clarifies Misleading News Reports on Whalesbook Platform

InfoBeans Technologies Limited has issued an official clarification to stock exchanges regarding misleading news reports published on the Whalesbook platform. The company has categorically denied the accuracy of recent articles and emphasized its commitment to proper regulatory disclosure.

Misleading News Reports Addressed

The clarification specifically addresses two news items published on the Whalesbook platform that contained inaccurate information about the company's operations and regulatory compliance.

News Item:	Company's Response
"InfoBeans Sells 2 Subsidiaries, Names New Whole-Time Director"	No disclosure made regarding sale of subsidiaries; information is factually incorrect and misleading
"InfoBeans Sets April 1 Trading Halt for FY26 Results"	Statement regarding trading halt is incorrect; company follows SEBI trading window closure requirements

Regulatory Compliance Clarification

InfoBeans Technologies emphasized that it strictly adheres to regulatory requirements under SEBI regulations. The company clarified that it follows applicable regulatory requirements for trading window closure under the SEBI (Prohibition of Insider Trading) Regulations, 2015, rather than implementing any trading halt as mentioned in the misleading articles.

The company reaffirmed its commitment to transparency by stating that all material information and events requiring disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 are duly disclosed to stock exchanges in a timely manner.

Official Statement Details

The clarification was filed on 31st March, 2026, and submitted to both the National Stock Exchange of India Limited and BSE Limited. Company Secretary and Compliance Officer Surbhi Jain signed the official communication, emphasizing the speculative nature of the news items.

Key points from the official clarification include:

The news items are not based on any verified information from the company
All material disclosures are made in compliance with SEBI regulations
The company maintains proper regulatory compliance for trading window closures
No subsidiary sales have been disclosed as mentioned in the reports

Market Communication

InfoBeans Technologies has requested the stock exchanges to take the clarification on record, ensuring that investors and market participants have access to accurate information. The company's proactive approach in addressing misleading reports demonstrates its commitment to maintaining transparency and protecting investor interests in the market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.35%	+2.73%	-31.14%	+15.13%	+91.31%	+287.64%

Infobeans technologies promoter Siddharth Sethi has disclosed the transfer of 4,000 equity shares through gift transactions, as per regulatory filings under SEBI's substantial acquisition regulations. The transactions were executed on two separate dates in March 2026, representing a minor adjustment in the promoter's shareholding pattern.

Transaction Details

The share transfers were completed through two separate gift transactions:

Transaction Date	Shares Transferred	Transfer Method
March 11, 2026	1,000 shares	Transfer by way of gift
March 16, 2026	3,000 shares	Transfer by way of gift
Total	4,000 shares	Gift transactions

Impact on Shareholding Pattern

The gift transactions resulted in a marginal reduction in Siddharth Sethi's stake in the company:

Parameter	Before Transfer	After Transfer	Change
Shares Held	2,37,20,504	2,37,16,504	-4,000
Voting Rights (%)	24.464%	24.460%	-0.004%
Diluted Shareholding (%)	24.464%	24.460%	-0.004%

Regulatory Compliance

The disclosures were made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As a promoter group member, Siddharth Sethi is required to disclose such transactions that affect his shareholding in the company. The transfers were executed from Indore, with proper documentation and signatures completed for both transaction dates.