Interworld Digital Limited will close its trading window for designated persons starting October 1, 2026. The restriction applies to directors, promoters, key managerial personnel, and their immediate relatives.

The closure is mandated under SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will remain shut until 48 hours after the company declares its un-audited financial results for the quarter ending September 30, 2026.

Compliance and Timeline

The company informed BSE Limited that the board meeting to approve the Q2FY27 results will be scheduled separately. The specific date for this meeting will be communicated to the exchange in due course.

Scope of Restriction

The prohibition covers all directors, promoters, key managerial personnel, other designated persons, employees, and their immediate relatives. This measure ensures compliance with insider trading norms during the sensitive period preceding the public announcement of financial performance.

Interworld Digital Limited secured shareholder approval for borrowing powers up to ₹200 crore and appointed a new director at its Extraordinary General Meeting (EGM) held on July 17, 2026. The meeting, convened to amend constitutional documents and authorize financial limits, saw the passage of all eight proposed resolutions with the requisite majority. The company submitted the outcome to BSE Limited on July 20, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders authorized the Board to borrow monies under Section 180(1)(c) of the Companies Act, 2013, ensuring aggregate outstanding borrowings do not exceed ₹200 crore, excluding temporary loans. Additionally, the Board received approval to make investments, extend loans, and provide guarantees up to ₹50 crore under Section 186. Transactions with interested directors under Section 185 were approved up to an aggregate limit of ₹25 crore. The company also received approval for material related party transactions for FY27 not exceeding ₹26.80 crore.

Constitutional amendments included the adoption of a new Memorandum of Association and Articles of Association to align with the Companies Act, 2013. The object clause was altered to enable the company to undertake new business lines in consumer electronics, mobile phones, mobile accessories, and computer hardware. Mr. Faizal Bavaraparambil Abdul Khader (DIN: 07729191) was appointed as a Non-Executive Non-Independent Director, liable to retire by rotation.

Voting Summary

The scrutinizer, M/s Kundan Agrawal & Associates, oversaw the e-voting and poll process. For the resolution on related party transactions, eight members abstained from voting as they were related parties. The effective date for these changes is July 17, 2026, subject to the filing of necessary e-forms with the Registrar of Companies.