InfoBeans Technologies has fixed July 31, 2026, as the record date to determine shareholder eligibility for a total dividend of ₹1 per equity share for the financial year ended March 31, 2026. The payout comprises a final dividend of ₹0.50 and a special dividend of ₹0.50. The Board of Directors recommended this distribution at its meeting held on April 28, 2026, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The payment of dividend will be made after the AGM, subject to the approval of the shareholders.

The 16th AGM is scheduled to be held on Friday, August 7, 2026, at 4:00 p.m. IST via video-conferencing and other audio-visual means. Shareholders will transact ordinary business, including the adoption of the audited standalone and consolidated financial statements for FY26 and the re-appointment of Mr. Avinash Sethi (DIN: 01548292), who retires by rotation and is eligible for re-appointment.

E-voting and Participation Details

Remote e-voting will commence on August 3, 2026, at 9:00 a.m. IST and conclude on August 6, 2026, at 5:00 p.m. IST. Members holding shares in either physical or dematerialized mode as on the cut-off date of July 31, 2026, are eligible to cast their votes. Shareholders who have voted remotely may attend the AGM but will not be entitled to vote again during the meeting. The facility for appointing proxies is not available since the meeting is held via video-conferencing.

Key AGM Particulars

Tax Deduction at Source

The company stated that tax will be deducted at source (TDS) on dividend payments in accordance with the Income-tax Act, 2025. For resident shareholders, TDS is 10% if a valid PAN is provided, or 20% if PAN is not available. No tax will be deducted if the total dividend income does not exceed ₹10,000 or if Form 121 is submitted. For non-resident shareholders, the TDS rate is 20% or the rate specified in the applicable Double Tax Avoidance Agreement, whichever is beneficial, provided relevant documents are submitted by July 31, 2026.

InfoBeans Technologies Limited reported a 32% increase in total income to ₹539 crore for the financial year ended March 31, 2026, compared to ₹409 crore in the previous year. Net profit more than doubled, rising 128% to ₹87 crore from ₹38 crore in the corresponding period. The company’s EBITDA grew by 64% to ₹138 crore, while EBITDA margins expanded from 20% to 27%.

The company’s robust performance was driven by AI-augmented software development, which accounted for 43% of total revenue. This strategic pivot towards AI-led engineering contributed to improved resource utilisation and cost efficiencies. Cash, investments and receivables stood at ₹339 crore as of March 31, 2026, and the company continues to be net debt free.

In a move to reward shareholders, the board has recommended a total dividend of ₹1 per share for the year. This comprises a normal dividend of ₹0.50 and a special dividend of ₹0.50 per share. The record date for the dividend is July 31, 2026. Additionally, the company completed a bonus issue in the ratio of 3:1 in February 2026 and a buyback of 2,15,520 shares at ₹464 per share in May 2025.