InfoBeans Technologies Limited has successfully completed its bonus share allotment process following the board meeting held on March 02, 2026. The company allotted 7,27,19,580 fully paid-up bonus equity shares in a 3:1 ratio, significantly expanding its equity base after receiving overwhelming shareholder approval through the postal ballot process.

Board Meeting Outcome and Allotment Details

The Board of Directors meeting, conducted on March 02, 2026, from 09:00 AM to 09:30 AM, approved the allotment of bonus equity shares to eligible shareholders. The allotment was made in the proportion of 3:1, meaning three new fully paid-up equity shares of ₹10 each for every one existing fully paid-up equity share.

Share Capital Transformation

The bonus issue has resulted in a substantial increase in the company's paid-up equity share capital, demonstrating the company's commitment to rewarding shareholders and enhancing liquidity.

Postal Ballot Success and Shareholder Approval

The bonus share allotment follows the successful completion of the postal ballot process, which concluded on February 22, 2026. The voting process was conducted under the supervision of scrutinizer Manish Maheshwari of M. Maheshwari & Associates, with remote e-voting conducted from January 24, 2026, to February 22, 2026.

Regulatory Compliance and Next Steps

The newly allotted bonus equity shares rank pari-passu with existing equity shares, carrying identical rights and privileges. Company Secretary and Compliance Officer Surbhi Jain has communicated the board meeting outcome to both NSE and BSE under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The company maintained full compliance with the Companies Act, 2013, MCA circulars, and SEBI Listing Regulations throughout the entire process, from postal ballot initiation to final allotment completion.

InfoBeans Technologies Ltd has filed a substantial acquisition disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, involving promoter Siddharth Sethi. The disclosure pertains to a share transfer executed through gift donation without any monetary consideration.

Transaction Details

The transaction involved the transfer of 81,000 equity shares representing 0.33% of the company's total share capital. The transfer was completed on February 26, 2026, through gift donation without consideration, as disclosed in the regulatory filing.

Shareholding Changes

Prior to this transaction, Siddharth Sethi held 6,012,376 shares, representing 24.8% of InfoBeans Technologies' total voting capital. Following the gift donation, his shareholding has been reduced to 5,931,376 shares, constituting 24.47% of the company's total share capital.

Company Capital Structure

InfoBeans Technologies' equity share capital remains unchanged following this transaction. The company maintains its total equity base of 2,42,39,860 equity shares with a face value of Rs. 10 each. The company's shares are listed on both the National Stock Exchange of India Ltd and BSE Ltd.

Regulatory Compliance

The disclosure confirms that Siddharth Sethi belongs to the promoter group of InfoBeans Technologies. The transaction did not involve any encumbrances, pledges, or liens, and no voting rights were acquired through instruments other than equity shares. The filing also indicates that no warrants, convertible securities, or other instruments entitling voting rights were involved in this transaction.