IntraSoft Technologies Limited shareholders approved all three resolutions at its 31st Annual General Meeting held on September 29, 2026. The meeting, conducted via Video Conferencing, saw overwhelming support for the proposed scheme of amalgamation and the re-appointment of Chairman Arvind Kajara.

The most significant resolution approved was a special resolution for the scheme of amalgamation between One Two Three Greetings (India) Private Limited, a wholly owned subsidiary, and IntraSoft Technologies Limited. This merger is being executed through the Fast Track Route under Section 233 of the Companies Act 2013. Shareholders also adopted the audited standalone and consolidated financial statements for FY26.

Voting Results Summary

The scrutinizer’s report indicated that out of 41 members who voted, representing 91,54,434 shares, only five votes were deemed invalid. The net valid voting strength stood at 91,53,380 shares. For each resolution, 35 members voted in favor, accounting for 91,53,379 shares, while one member cast a dissenting vote of just one share.

What the Numbers Show

The voting pattern reveals a highly concentrated shareholder base with minimal dissent. The single dissenting vote comprised exactly one share against a total valid vote count of over 91.5 lakh shares. This indicates that the promoter group or major institutional holders likely controlled the vast majority of the voting power, ensuring unanimous passage of critical corporate actions like the subsidiary amalgamation.

Intrasoft Technologies will seek shareholder approval for the fast-track amalgamation of its wholly owned subsidiary, One Two Three Greetings (India) Private Limited, at its upcoming annual general meeting. The 31st AGM is scheduled for Tuesday, September 29, 2026, to be held via Video Conferencing or Other Audio Visual Means.

The company announced that the register of members and share transfer books will remain closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026. This closure facilitates the determination of shareholders eligible for voting rights and dividend entitlements related to the financial year ended March 31, 2026.

Key Agenda Items

The primary special business item involves approving the Scheme of Amalgamation under Section 233 of the Companies Act, 2013. The scheme proposes merging One Two Three Greetings (India) Private Limited with Intrasoft Technologies. The appointed date for the amalgamation is April 1, 2025. Upon effectiveness, the authorized share capital of the transferor company will be combined with that of the transferee company, increasing Intrasoft's authorized capital to ₹27.25 crore.

Under ordinary business, shareholders will consider the re-appointment of Mr. Arvind Kajaraia as a director, who retires by rotation. Mr. Kajaraia, a promoter with an MBA from Adelphi University, has served on the board since April 1, 2023, and holds 2,811,797 equity shares as of March 31, 2025.

Voting Eligibility and Timeline

Shareholders must hold shares as on the cut-off date of Tuesday, September 22, 2026, to be eligible for remote e-voting. The remote e-voting facility, provided by MUFG Intime India Private Limited, will be available from 9:00 am on Saturday, September 26, 2026, until 5:00 pm on Monday, September 28, 2026.

Members who have not voted remotely will be permitted to vote during the AGM. Those who have already cast their votes through the remote e-voting system may attend the meeting but cannot vote again.

Key Dates

The notice was issued by Sharad Kajariya, Whole-Time Director, on September 7, 2026.