3I Infotech Subsidiary Revises Tax Settlement, Expects Lower Cash Inflow

1 min read     Updated on 27 Nov 2025, 04:31 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

3I Infotech Digital BPS Limited, a subsidiary of 3I Infotech, has received a revised Certificate under the Direct Tax Vivad Se Vishwas Scheme 2024 for FY 2013-14. The expected net cash inflow has been reduced from ₹74.79 lakhs to ₹28.24 lakhs. The company states this revision has no material impact on its operations or activities.

25786884

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

3I Infotech Digital BPS Limited, a material subsidiary of 3I Infotech, has received a revised Certificate in Form 2 from the CIT TDS2 Delhi under the Direct Tax Vivad Se Vishwas Scheme 2024 for the financial year 2013-14. This update comes as part of the company's ongoing efforts to settle tax disputes.

Revised Settlement Details

The company now anticipates a net cash inflow of ₹28.24 lakhs, a significant reduction from the earlier reported amount of ₹74.79 lakhs. This adjustment is towards the balance refund pertaining to FY 2013-14.

Particulars Previous Amount Revised Amount Change
Expected Net Cash Inflow ₹74.79 lakhs ₹28.24 lakhs -62.24%

Impact on Operations

3I Infotech has stated that there is no material impact on the operations or activities of the company despite the revision in the expected cash inflow. This suggests that the company's day-to-day functioning and overall financial health remain largely unaffected by this tax settlement adjustment.

Context of the Tax Settlement

The Direct Tax Vivad Se Vishwas Scheme 2024 is an initiative by the Indian government to settle pending tax disputes. By opting for this scheme, 3I Infotech Digital BPS Limited aims to resolve its tax litigations, potentially reducing legal uncertainties and associated costs.

Looking Ahead

The resolution of tax disputes can provide long-term benefits in terms of clarity and reduced legal overheads. Investors and stakeholders may be watching closely to see how 3I Infotech manages this adjustment and continues to navigate its financial strategies moving forward.

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-2.19%-15.07%-28.53%-34.08%+426.71%
3I Infotech
View in Depthredirect
like20
dislike

3i Infotech Faces Contract Termination from RailTel for WiFi Monetisation Project

1 min read     Updated on 15 Nov 2025, 06:22 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

3i Infotech Limited received a termination notice from RailTel Corporation of India Limited for its WiFi Monetisation Project. The notice, dated November 14, 2025, calls for immediate contract termination. 3i Infotech is contesting this decision and evaluating legal remedies. The project involved a consortium led by 3i Infotech. Separately, the company allotted 1,360 shares under its ESOS 2018 scheme at an exercise price of Rs. 10.00.

24756738

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

3i Infotech Limited , a leading technology company, has received a termination notice from RailTel Corporation of India Limited for its WiFi Monetisation Project. The notice, dated November 14, 2025, calls for immediate termination of the contract, a move that 3i Infotech is contesting.

Project Details and Termination

The WiFi Monetisation Project, a significant venture for 3i Infotech, involved a consortium led by the company. The project participants included:

  • M/s. 3i Infotech Limited (Lead Bidder)
  • M/s. Yellow Integrated Content & Communication LLP
  • M/s. Forensics Intelligence Surveillance and Security Technologies Private Limited

Company's Response

3i Infotech has stated that it disputes the termination of the contract. The company is currently evaluating legal remedies available in response to this cancellation. This development could potentially impact the company's future projects and financial outlook.

Impact and Next Steps

While the full extent of the impact remains to be seen, the termination of such a significant project could have implications for 3i Infotech's business operations and financial performance. Stakeholders will be closely watching the company's next moves, particularly regarding any legal actions it might pursue.

Additional Company Update

In a separate development, 3i Infotech has recently allotted shares under its Employee Stock Option Scheme (ESOS). The details are as follows:

ESOS Details Number of Shares Exercise Price (in Rs.)
ESOS 2018 1,360 10.00

This allotment under the ESOS 2018 scheme indicates the company's ongoing efforts to incentivize and retain its workforce, even as it faces challenges with the RailTel contract termination.

As the situation unfolds, investors and industry observers will be keenly monitoring 3i Infotech's response to the contract termination and its potential impact on the company's future prospects.

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-2.19%-15.07%-28.53%-34.08%+426.71%
3I Infotech
View in Depthredirect
like20
dislike
More News on 3I Infotech
Explore Other Articles
16.96
-0.04
(-0.24%)