LCC Infotech Limited has formally notified stock exchanges about an upcoming Board of Directors meeting to review its quarterly financial performance. The announcement, made in compliance with SEBI regulations, outlines key details for investors and stakeholders.

Board Meeting Details

The company has scheduled its Board meeting with specific parameters for reviewing financial results:

Financial Results Framework

The unaudited financial results will be prepared in accordance with Indian Accounting Standards (Ind AS), ensuring compliance with current regulatory requirements. The meeting will focus on the company's performance for both the third quarter and the nine-month period ending December 31, 2025.

Trading Window Restrictions

In line with regulatory protocols, LCC Infotech Limited has implemented trading window restrictions to maintain market integrity during the results announcement period:

• Closure Period: Trading window remains closed until February 15, 2026
• Initial Notification: December 26, 2025
• Regulatory Basis: SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

Regulatory Compliance

The announcement has been made pursuant to Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company has formally communicated this information to both the National Stock Exchange of India Limited and BSE Limited, ensuring proper market disclosure.

The notification was signed by Shreeram Bagla, Managing Director (DIN: 01895499), and submitted to the exchanges on January 30, 2026. This formal communication ensures all stakeholders are informed about the upcoming financial results review and associated trading restrictions.

Kunjit Maheshbhai Patel has announced a mandatory open offer to acquire a significant stake in LCC Infotech Limited, marking a major ownership transition in the IT training and software development company.

Open Offer Details

The open offer seeks to acquire up to 4,38,34,271 fully paid-up equity shares of face value ₹2.00 each, representing 26% of the emerging voting share capital. The key parameters of the offer include:

Share Purchase Agreement

The open offer follows a share purchase agreement executed on January 03, 2026, between Patel and the existing promoters. Under this agreement:

Acquirer Profile

Kunjit Maheshbhai Patel, aged 41 years, is an Indian resident with a net worth of ₹4,749.74 lakhs as of January 01, 2026. He currently serves as Managing Director cum Promoter of RFBL Flexi Pack Limited and holds director positions in Meridian Finance Private Limited and N Events Club Limited.

Target Company Overview

LCC Infotech Limited, incorporated in 1985, operates in IT training through learning centers, software development, and corporate skill development programs. The company's key financial highlights include:

Preferential Issues

The company's board has also approved preferential issues:

• Equity Shares: 4,20,00,000 shares at ₹3.55 per share to the acquirer
• Convertible Warrants: 22,56,05,633 warrants at ₹3.55 per warrant, convertible after ten working days from offer closure

Post-Acquisition Structure

Upon completion of all transactions, assuming full acceptance:

Regulatory Compliance

The offer complies with SEBI (SAST) Regulations, 2011, with Grow House Wealth Management Private Limited appointed as the manager. The company has deposited ₹3,90,00,000 (25% of offer consideration) in an escrow account with ICICI Bank Limited.

Market Information

LCC Infotech shares are listed on BSE (Scrip Code: 532019) and NSE (Symbol: LCCINFOTEC) under GSM stage 2. The shares were previously suspended but trading resumed from March 31, 2021. The company paid a SEBI penalty in November 2024 for regulatory violations.

Timeline

Key dates for the open offer process include publication of the detailed public statement on January 09, 2026, with the tendering period expected to commence on February 26, 2026, and close on March 11, 2026. The offer represents a significant corporate restructuring that will result in change of control and promoter reclassification.