International Data Management sets book closure for 49th AGM

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Key Highlights
  • International Data Management Ltd sets book closure from September 22 to September 28, 2026
  • Closure applies to equity shares listed on BSE under Scrip Code 517044
  • Shareholders on record by September 28 are eligible for the 49th AGM
  • Intimation issued under SEBI LODR Regulation 42 and Companies Act Section 91
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International Data Management Limited has announced the book closure dates for its 49th Annual General Meeting, scheduled for Monday, September 28, 2026. The company’s register of members and share transfer books will remain closed from Tuesday, September 22, 2026, through the meeting date.

Corporate Action Details

The intimation was issued pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Only shareholders whose names appear on the register as of the record date will be eligible to attend and vote at the meeting.

Type of Security Book Closure From Book Closure To Purpose
Equity shares (BSE Scrip Code 517044) Tuesday, September 22, 2026 Monday, September 28, 2026 For 49th Annual General Meeting

The disclosure was signed by Pradeep Tahiliani, Company Secretary & Compliance Officer, on September 4, 2026. Copies were sent to BSE Limited, National Securities Depository Limited, Central Depository Services (India) Limited, and Skyline Financial Services Private Limited.

What key resolutions or strategic initiatives are expected to be tabled for shareholder approval at the 49th AGM?

How might the temporary suspension of share transfers impact liquidity and trading volume in the days leading up to the meeting?

Are there any anticipated changes to the board of directors or management structure to be discussed during the annual meeting?

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IDM Q4FY26 Results: Net loss widens 8% YoY, net worth fully eroded

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Net loss widened to ₹13.87 lakh in FY26 from ₹12.83 lakh in FY25
  • No revenue generated due to paucity of working capital and business constraints
  • Current liabilities exceed current assets by ₹438.19 lakh as of March 31, 2026
  • Auditors flagged material uncertainty regarding going concern status
  • Shareholders to vote on re-appointment of director Rita Gupta at AGM
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International Data Management Limited (IDM) reported a net loss of ₹13.87 lakh for the fiscal year ended March 31, 2026, widening from a loss of ₹12.83 lakh in the previous year. The company recorded no revenue during the period, citing a lack of business operations due to working capital constraints.

The 49th Annual General Meeting is scheduled for September 28, 2026, where shareholders will adopt the financial statements and vote on the re-appointment of director Ms. Rita Gupta.

Financial Performance

The company incurred total expenses of ₹13.87 lakh in FY26, up from ₹13.43 lakh in FY25. These costs were primarily driven by legal and professional fees of ₹5.51 lakh and listing fees of ₹3.84 lakh. With no income generated, the loss before tax stood at ₹13.87 lakh. Basic loss per share increased to ₹0.63 from ₹0.58 in the prior year.

Metric FY26 FY25
Total Income ₹0 lakh ₹0.60 lakh
Total Expenses ₹13.87 lakh ₹13.43 lakh
Net Loss ₹13.87 lakh ₹12.83 lakh

Balance Sheet & Liquidity

As of March 31, 2026, IDM’s total assets stood at ₹7.31 lakh, comprising cash and cash equivalents of ₹6.72 lakh and property, plant, and equipment valued at ₹0.59 lakh. Current liabilities totaled ₹444.91 lakh, dominated by borrowings of ₹443.55 lakh from related parties, specifically HCL Corporation Private Limited.

The company’s total equity was negative at ₹(437.60) lakh, reflecting accumulated losses of ₹657.60 lakh against share capital of ₹220.00 lakh. Statutory auditors V. Nagarajan & Co. highlighted a material uncertainty regarding the company’s ability to continue as a going concern, noting that current liabilities exceeded current assets by ₹438.19 lakh.

What the Numbers Show

The company’s operational viability remains entirely dependent on external support. Borrowings from HCL Corporation Private Limited account for 99.7% of total current liabilities (₹443.55 lakh out of ₹444.91 lakh). This concentration indicates that without continued interest-free financial support from the associate company, the firm lacks the liquidity to meet its immediate obligations, given its cash balance of just ₹6.72 lakh.

Will HCL Corporation Private Limited continue to provide interest-free loans to sustain IDM's operations despite the negative equity position?

How might the re-appointment of director Ms. Rita Gupta influence the company's strategy to resolve its working capital constraints?

Are there any potential restructuring plans or asset sales being considered to address the material uncertainty regarding IDM's going concern status?

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