Intense Technologies Limited reported a consolidated net loss of ₹1,565.46 crore for the financial year ended March 31, 2026, compared to a profit of ₹1,632.32 crore in the previous year. The loss was driven by exceptional items, including a provision for doubtful debts of ₹1,840.07 crore and a provision for impairment of intangible assets of ₹1,324.56 crore. Revenue from operations for the year stood at ₹12,543.41 crore, down from ₹14,979.64 crore in FY25, while total income decreased to ₹12,990.93 crore from ₹15,370.31 crore.

The company expanded its customer portfolio with 11 new client wins across the banking, financial services, and insurance (BFSI) sectors and two customers in the government vertical. Management attributed the exceptional provisions to adverse macroeconomic factors and liquidity constraints impacting the IT and BFSI ecosystem, necessitating a recalibration of the go-to-market strategy for certain platform offerings.

Financial Performance

M/s MSPR & Co., Chartered Accountants, issued an unmodified audit report on the financial results. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

Board Appointments and Strategic Developments

The board appointed Mr. Amit Kumar Garg and Mr. Premananda Panda as Additional Directors (Non-Executive & Non-Independent) effective May 29, 2026, subject to shareholder approval. Ms. Ayushi Bhutada was appointed as an Additional Director (Non-Executive & Independent) and Chairperson of the Board for a term of five years from May 29, 2026, to May 28, 2031. Mr. Krishna Shastri Chidella was re-designated from Chairperson and Managing Director to Managing Director effective the closing hours of May 29, 2026.

The company strengthened its intellectual property portfolio with copyrights for UniServe™ Reach and Testbook.ai. It achieved SOC 2 Compliance and CERT-In certification for its UniServe™ NXT platform. The trading window for dealing in equity shares by designated persons, closed since April 1, 2026, will remain in effect until 48 hours after the declaration of the audited financial results.

Intense Technologies Limited has officially submitted its scrutinizer report to stock exchanges following the successful completion of its postal ballot process. The company disclosed comprehensive voting results for the postal ballot notice dated March 30, 2026, demonstrating overwhelming shareholder support for proposed director appointments with 99.84% approval across both resolutions.

Official Regulatory Submission

The company submitted the scrutinizer report to both Bombay Stock Exchange and National Stock Exchange on May 2, 2026. Company Secretary and Compliance Officer Pratyusha Podugu formally communicated the results under reference ITL/SE/2026-27/08, ensuring full regulatory compliance.

Scrutinizer Appointment and Process

Corporate Advocate Puttaparthi Jagannatham served as the appointed scrutinizer for the postal ballot process. The scrutinizer conducted the e-voting process in compliance with multiple regulatory frameworks including Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI LODR Regulations.

Voting Timeline and Participation

The remote e-voting process was conducted entirely through the Kfin Technologies Limited platform, with the voting period spanning from April 1, 2026, at 9:00 A.M. IST to April 30, 2026, at 5:00 P.M. IST. The record date for determining eligible shareholders was March 27, 2026.

Resolution Results

Both resolutions achieved identical voting outcomes with exceptional shareholder support across all categories.

Resolution 1: Ordinary Resolution

The appointment of Mr. Rajesh Kumar Agarwal (DIN: 08394377) as Non-executive Non-Independent Director received overwhelming approval.

Resolution 2: Special Resolution

The appointment of Mr. Prithvi Tapadiya (DIN: 11564117) as Non-executive Independent Director achieved identical results, demonstrating consistent shareholder confidence.

Witness Verification and Compliance

The vote unblocking process was conducted in the presence of two independent witnesses: Mrs. B S K Bhavani and Mr. Krishna Sai Charan M, both confirmed as non-employees of the company. The scrutinizer report, dated May 1, 2026, confirmed compliance with all applicable regulatory requirements including MCA General Circular No. 03/2025 dated September 22, 2025.

The company has fulfilled all disclosure obligations by uploading complete documentation on its website and submitting reports to stock exchanges, ensuring transparency throughout the director appointment process.