PFL Infotech Limited has announced the cancellation of its Extra-Ordinary General Meeting (EGM) that was scheduled for April 30, 2026, due to the unavailability of key management personnel. The company informed BSE Limited about this development through a regulatory filing dated April 7, 2026.

Meeting Cancellation Details

The EGM was originally planned to be held on Thursday, April 30, 2026 at 4:00 PM IST through Video Conferencing and Other Audio Visual Means. However, the company has decided to postpone the meeting citing the unavailability of the Managing Director and certain Directors who will be travelling for business purposes.

Impact on Share Transfer Operations

As a consequence of the EGM cancellation, PFL Infotech Limited has also cancelled the closure of share transfer books that was scheduled from April 27, 2026 to April 29, 2026. This cancellation ensures that shareholders can continue with their share transfer activities during this period without any restrictions.

Company Communication

The announcement was made in reference to the company's earlier communication dated March 30, 2026, which had informed the exchange about the outcome of the Board Meeting and the decision to convene the EGM. Managing Director Parmanand Chand, with DIN 00066973, signed the regulatory filing that was submitted to BSE Limited.

Next Steps

PFL Infotech Limited has assured that the details of the revised meeting date will be communicated to the exchange and shareholders at a later stage. The company maintains its registered office at Mittal Chambers, M.G. Road, Secunderabad, Telangana, and continues its operations while rescheduling this important corporate event.

PFL Infotech Limited has successfully concluded its board meeting on March 30, 2026, approving significant corporate restructuring measures including a substantial share capital reduction and interstate registered office relocation. The board meeting, which commenced at 4:00 PM and concluded at 5:00 PM, addressed all previously announced agenda items with specific approvals and timelines.

Share Capital Reduction Approved

The board approved a comprehensive share capital reduction plan subject to shareholder and NCLT approval. The restructuring involves setting off accumulated losses against the company's paid-up capital:

Consequently, shareholders will receive 1 equity share for every 100 shares held as on the record date, representing a significant consolidation of the share structure.

Interstate Office Relocation

The board formally approved shifting the company's registered office from Telangana to Maharashtra, subject to shareholder approval and regulatory clearances from the Central Government (Regional Director) and other statutory authorities. This interstate relocation represents a strategic operational decision that will require comprehensive compliance procedures.

EGM Schedule and Administrative Decisions

The board has scheduled the Extra-Ordinary General Meeting for Thursday, April 30, 2026, at 4:00 PM IST through Video Conferencing and Other Audio Visual Means. Key administrative arrangements include:

Regulatory Compliance and Next Steps

The decisions were communicated to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Parmanand Chand (DIN: 00066973) signed the official notification, ensuring proper regulatory compliance. The Register of Members and Share Transfer Books will remain closed from April 27 to April 29, 2026, both days inclusive, to facilitate the upcoming EGM proceedings.