Indian Infotech & Software Limited has officially submitted its monitoring agency report for the quarter ended 31st December, 2025, to BSE Limited on 14th February, 2026. The report, prepared by Acuité Ratings & Research Limited, provides a comprehensive overview of the utilization of proceeds from the company's rights issue conducted earlier in 2025, demonstrating full regulatory compliance under SEBI regulations.

Official Submission Details

The company submitted the report under Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 82(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The submission was made to BSE Limited for scrip code 509051 (Scrip Id: Indinfo) and signed by Managing Director Anant Chourasia (DIN: 09305661).

Rights Issue Details and Proceeds

The company conducted a rights issue from August 06, 2025, to September 02, 2025, targeting to raise INR 44.96 crores in net proceeds. However, due to undersubscription, the company raised INR 43.31 crores in net proceeds after accounting for issue-related expenses.

Fund Utilization Status

The monitoring agency report confirms that the company has utilized the raised funds according to the objects stated in the offer document. The proceeds were allocated across two primary categories with virtually complete deployment achieved.

Monitoring Agency Findings

Acuité Ratings & Research Limited, serving as the monitoring agency, conducted a thorough review of the fund utilization and reported several key findings. The agency confirmed no deviation from the objects stated in the offer document and verified that all utilizations are in accordance with the disclosures made by the company.

Regulatory Compliance and Outstanding Balance

The submission demonstrates the company's commitment to transparency and regulatory compliance in the utilization of public funds. The monitoring agency noted that a minimal balance of INR 0.001 crores remains maintained in the rights issue allotment account with Axis Bank, representing virtually complete utilization of the raised proceeds toward stated business objectives including capital base augmentation and general corporate purposes.

Indian Infotech & Software Limited's Board of Directors has approved the company's unaudited financial results for the third quarter of fiscal year 2026. The board meeting was conducted on February 14, 2026, at the company's registered office in Mumbai, with the proceedings formally communicated to BSE Limited.

Board Meeting Outcome

The meeting was held at the company's registered office located at 110, 1st Floor, Golden Chamber Pre CO-OP Soc. Ltd., New Link Road, Andheri West, Mumbai. The board transacted key regulatory matters under the chairmanship of Managing Director Anant Chourasia.

Financial Results Approval

Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, the board considered and approved the unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The approval includes a Limited Review Report that forms an integral part of the quarterly disclosure.

Stock Exchange Communication

The company has formally communicated the board meeting outcome to BSE Limited, where it trades under specific identifiers. The notification ensures compliance with prescribed timelines for financial disclosures and maintains transparency with stakeholders.

Corporate Governance

The meeting addressed mandatory requirements under SEBI regulations for listed companies, with Managing Director Anant Chourasia providing necessary authorizations for financial disclosures. The board also considered any other business matters with the permission of the chairperson, ensuring comprehensive governance oversight.