3I Infotech Limited, a global information technology company, has announced a significant move to raise capital through a rights issue. The company's Rights Issue Committee has approved the terms for offering 3.77 crore fully paid-up equity shares, aiming to bolster its financial position.

Rights Issue Details

The Rights Issue Committee, in its meeting held on September 17, 2025, approved the following key terms:

Shareholder Entitlement

Shareholders of 3I Infotech will be entitled to participate in this rights issue based on their holdings as of the record date, September 26, 2025. For every nine shares held, shareholders will have the right to subscribe to two new shares at the issue price of Rs 17.00 per share.

Dematerialized Rights Entitlements

In compliance with SEBI regulations, 3I Infotech has made arrangements with NSDL and CDSL for the credit of Rights Entitlements in dematerialized form. These entitlements will be credited to the demat accounts of eligible shareholders, with the assigned ISIN being INE748C20012.

Timeline and Subscription Period

The rights issue is scheduled to open on October 6, 2025, and will remain open for subscription until October 24, 2025, providing shareholders with ample time to participate in this capital-raising initiative.

This rights issue represents a strategic move by 3I Infotech to strengthen its capital base. Shareholders and potential investors are advised to review the Letter of Offer, which will be filed with the stock exchanges and SEBI, for comprehensive details on the rights issue terms and conditions.

3i Infotech , a leading technology company, is set to take significant steps towards its proposed rights issue, with a crucial Rights Issue Committee meeting scheduled for September 17, 2025. The meeting aims to determine key aspects of the rights issue, including its size, price, entitlement ratio, and record date.

Rights Issue Approval and Committee Meeting

The company has received in-principle approvals from both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) for the rights issue of equity shares. These shares, with a face value of ₹10 each, are expected to aggregate up to ₹100 crore. The NSE granted its approval on September 5, 2025, followed by BSE's approval on September 10, 2025.

This development comes after the Rights Issue Committee had previously approved the Draft Letter of Offer during its meeting on July 18, 2025. The upcoming September 17 meeting is expected to finalize the critical details of the rights issue, paving the way for its implementation.

Recent Corporate Governance Activities

In addition to the rights issue developments, 3i Infotech recently held its 32nd Annual General Meeting (AGM) on September 10, 2025. The meeting was conducted through video conferencing and other audio-visual means, adapting to the evolving corporate landscape.

The AGM addressed several key agenda items, including:

1. Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2025
2. Re-appointment of Mr. Umesh Mehta as a director
3. Appointment of C K S P and Co LLP as statutory auditors
4. Appointment of M/s. SAP and Associates as secretarial auditors
5. Approval for reduction in overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013
6. Approval for reduction in the limit to create security against loans under Section 180(1)(a) of the Companies Act, 2013

The voting results from the AGM indicate strong shareholder support for these resolutions, with most receiving over 99% votes in favor.

Looking Ahead

As 3i Infotech moves forward with its rights issue plans, investors and market watchers will be keenly awaiting the outcomes of the September 17 committee meeting. The finalization of the rights issue details will provide clarity on the company's capital raising strategy and its implications for existing shareholders.

The combination of the upcoming rights issue and the recent corporate governance activities demonstrates 3i Infotech's proactive approach to financial management and shareholder engagement. These developments may have significant implications for the company's future growth and financial position in the dynamic technology sector.