3i Infotech Completes Deregistration of Singapore Subsidiary

1 min read     Updated on 08 Oct 2025, 05:54 PM
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Reviewed by
Shriram SScanX News Team
Overview

3i Infotech Limited has successfully deregistered its wholly-owned subsidiary, NuRe Infotech Solutions Pte. Ltd., from the Singapore registry. The subsidiary was struck off effective September 1, 2025, as notified on October 8, 2025, by the Accounting and Corporate Regulatory Authority, Singapore. The closure was approved by 3i Infotech's Board on January 29, 2025, due to the entity being dormant. The deregistration has no financial impact on 3i Infotech, with nil contributions to turnover, income, and net worth.

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*this image is generated using AI for illustrative purposes only.

3i Infotech Limited has announced the successful removal of its wholly-owned subsidiary, NuRe Infotech Solutions Pte. Ltd., from the Singapore registry. This corporate action marks the completion of the subsidiary's deregistration process, aligning with the company's strategic decisions.

Key Details of the Deregistration

Aspect Information
Subsidiary Name NuRe Infotech Solutions Pte. Ltd.
Location Singapore
Effective Date of Strike-off September 1, 2025
Notified Date October 8, 2025
Regulatory Authority Accounting and Corporate Regulatory Authority, Singapore

Background and Rationale

The decision to close this subsidiary was not made hastily. According to the LODR (Listing Obligations and Disclosure Requirements) data:

  • The Board of Directors of 3i Infotech approved the voluntary closure of NuRe Infotech Solutions Pte. Ltd. on January 29, 2025.
  • The primary reason cited for the closure is that the entity was dormant.

Financial Impact

The deregistration of this subsidiary appears to have minimal financial impact on 3i Infotech's operations:

Financial Aspect Impact
Turnover/Revenue Contribution Nil
Income Contribution Nil
Net Worth Contribution Nil

This lack of financial contribution supports the company's decision to deregister the dormant entity, potentially streamlining its corporate structure and reducing administrative overhead.

Regulatory Compliance

3i Infotech has ensured full compliance with regulatory requirements throughout this process:

  • The company made the necessary disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The disclosure adheres to SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

This corporate action reflects 3i Infotech's efforts to optimize its organizational structure. By removing a non-contributing subsidiary, the company may be positioning itself for more streamlined operations and potentially improved efficiency in its core business areas.

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.06%-1.39%-17.46%-28.91%-38.29%+405.06%
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3i Infotech Extends Rights Issue Timeline by One Day

1 min read     Updated on 03 Oct 2025, 10:40 PM
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Reviewed by
Jubin VScanX News Team
Overview

3i Infotech Limited has extended its rights issue timeline by one day. The issue opening date is now October 07, 2025, and the closing date is October 27, 2025. The company is offering up to 3,77,08,165 equity shares at ₹17.00 per share, aiming to raise ₹64.10 crore. Eligible shareholders can subscribe in the ratio of 2 rights equity shares for every 9 shares held as of September 26, 2025. All other terms and conditions remain unchanged.

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*this image is generated using AI for illustrative purposes only.

3i Infotech Limited , a leading IT company, has announced a one-day extension to its upcoming rights issue timeline. The company made this decision based on advice received from stock exchanges, providing eligible shareholders with an additional window of opportunity to participate in the offering.

Revised Timeline

The revised schedule for the rights issue is as follows:

Particulars Earlier Date Revised Date
Issue Opening Date October 06, 2025 October 07, 2025
Issue Closing Date October 24, 2025 October 27, 2025

Rights Issue Details

3i Infotech is offering up to 3,77,08,165 fully paid-up equity shares with a face value of ₹10.00 each. The rights equity shares are priced at ₹17.00 per share, which includes a premium of ₹7.00 per share. The total aggregate amount of the rights issue is up to ₹64.10 crore.

Eligible shareholders can subscribe to the rights issue in the ratio of 2 rights equity shares for every 9 fully paid-up equity shares held as of the record date, which is set for September 26, 2025.

Unchanged Terms and Conditions

The company has emphasized that apart from the date revision, there are no changes to the terms and conditions outlined in the Letter of Offer, Composite Application Form, or Rights Entitlement Letter.

Investor Information

Shareholders and potential investors can access additional information about the rights issue on the company's website at https://www.3i-infotech.com/right-issue/ and the Registrar's website at https://www.skylinerta.com/ . The information is also available on the respective websites of BSE ( www.bseindia.com ) and NSE ( https://www.nseindia.com ).

This extension provides eligible shareholders with an extra day to consider their participation in the rights issue, potentially allowing for increased investor engagement in 3i Infotech's capital raising efforts.

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.06%-1.39%-17.46%-28.91%-38.29%+405.06%
3I Infotech
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