IntraSoft Technologies Limited has announced the resignation of its Chief Financial Officer Mr. Mohit Jha, who will step down from his role effective May 24, 2026. The announcement was made through a regulatory filing dated March 25, 2026, addressed to both BSE Limited and National Stock Exchange of India Ltd under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

The key details of Mr. Jha's resignation are outlined in the company's regulatory disclosure:

Long-Standing Tenure

In his resignation letter, Mr. Jha expressed gratitude to the Board of Directors and management for their trust and support during his tenure. Notably, he mentioned his association with IntraSoft Technologies spanning 13 years, highlighting his significant contribution to the company's financial operations over more than a decade.

Company Response

The Board and Management of IntraSoft Technologies have extended their sincere appreciation for the contributions made by Mr. Jha as Chief Financial Officer. The company acknowledged his role as Key Managerial Personnel and expressed gratitude for his service during his extended tenure with the organization.

Transition Process

Mr. Jha has committed to ensuring a smooth and seamless transition of his responsibilities. In his resignation letter, he stated his willingness to extend full support in the orderly handover of his duties during the notice period. The company will be required to file necessary forms with the Registrar of Companies and other regulatory authorities following the acceptance of his resignation.

Regulatory Compliance

The disclosure was made in compliance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The announcement was signed by Managing Director Arvind Kajaria and included all required documentation as per regulatory requirements.

IntraSoft Technologies Limited has announced its unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 12, 2026, with the financial statements prepared in accordance with Indian Accounting Standards (Ind-AS).

Consolidated Financial Performance

The company's consolidated operations showed steady performance during the third quarter of FY26. Revenue from operations reached ₹136.67 Cr, marking an increase from ₹128.34 Cr in the corresponding quarter of the previous year.

The company's total expenses for Q3FY26 amounted to ₹133.19 Cr compared to ₹124.50 Cr in the previous year quarter. Cost of goods sold represented the largest expense component at ₹87.94 Cr, followed by shipping and handling expenses of ₹21.34 Cr and sales and marketing expenses of ₹20.59 Cr.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, IntraSoft Technologies demonstrated strong operational performance across key financial metrics.

Management Commentary on Business Strategy

Arvind Kajaria, Managing Director, commented on the company's strategic direction: "We continue to leverage the strengths of our vendor-direct model as we transition into a scalable, technology-enabled platform. Ongoing investments in talent, technology, and processes are positioning the business for disciplined and sustainable growth."

The management emphasized their commitment to generating long-term value for brand partners and customers while strengthening partnerships through innovation, reliability, and high-quality execution.

Business Operations and Market Position

IntraSoft Technologies Limited owns and operates 123Stores, an E-Commerce Retailer serving the US market. The company facilitates small and medium businesses in selling their products on the Amazon USA marketplace through its strong technology platform. The company is ranked #232 on the Internet Retailer's 2019 Top 1000 list and #689 in Inc. 5000 (2017) list of fastest growing private US companies.

The company also owns and operates 123Greetings.com, the world's leading online destination for human expressions reaching 95 million visitors annually.

Corporate Structure and Compliance

As of December 31, 2025, the IntraSoft Technologies Group comprises the parent company and five subsidiaries, including two step-down subsidiaries. The group operates in a single business segment focused on internet-based delivery of products and services.

The company maintains its paid-up equity share capital at ₹16.31 Cr, consisting of shares with a face value of ₹10 each, fully paid up. The financial results have been subjected to limited review by K.N. Gutgutia & Co., Chartered Accountants, the company's statutory auditors, who issued unmodified audit conclusions.