Infinity Infoway Limited has received a non-applicability certificate for compliance under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended March 31, 2026. The company informed BSE Limited about this regulatory compliance status through a formal communication dated April 7, 2026.

Regulatory Compliance Status

The certificate was issued by Bigshare Services Private Limited, the company's registered share transfer agent, confirming that SEBI Regulation 74(5) is not applicable to Infinity Infoway Limited. This non-applicability stems from the fact that the entire shareholding of the company remains in dematerialized form.

Certificate Details

Bigshare Services Private Limited, acting as the SEBI registered Category I Registrar & Transfer Agent, confirmed that no requests were received from company members for rematerialisation or dematerialization during the quarter ended March 31, 2026. The certificate specifically covers the period from December 31, 2025 to March 31, 2026.

The regulatory framework requires companies to obtain compliance certificates under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018, which replaced the erstwhile Regulation 54 of SEBI (Depository and Participant) Regulations, 1996.

Company Communication

The formal communication to BSE Limited was signed by Bhaveshkumar Dhirajlal Gadhethriya, Managing Director of Infinity Infoway Limited, with DIN 01453088. The company requested BSE to take note of the non-applicability status in their records.

Business Operations

Infinity Infoway Limited, formerly known as Infinity Infoway Private Limited, operates from its corporate office in Rajkot, Gujarat. The company provides various technology solutions including ERP & CRM solutions, business analytics, travel booking engines, cloud/IT infrastructure management, web & software development, payment gateway solutions, and SEO & online marketing services.

This compliance certificate demonstrates the company's adherence to SEBI regulations and maintains transparency with regulatory authorities regarding its shareholding structure and transfer agent operations.

Infinity Infoway Limited has secured a substantial government contract worth ₹10.97 crore from the Knowledge Consortium of Gujarat, marking a significant milestone for the technology services company. The contract was awarded under the Education Department, Government of Gujarat, and represents a major business development that exceeds 10% of the company's latest audited turnover.

Contract Overview and Financial Impact

The agreement, signed on February 25, 2026, encompasses AI-based data analytics and business intelligence services with a contract tenure of 5 years. The company disclosed this development under Regulation 30 of SEBI (LODR) Regulations, 2015, emphasizing its material nature for stakeholders.

Scope of Work and Technical Specifications

The comprehensive contract involves multiple technical components designed to enhance data analytics capabilities for the Gujarat Education Department. The scope encompasses design, development, implementation, testing, operations and maintenance of AI-based data analytics services (Version 2).

Key deliverables include:

• Establishment of Big Data Analytics platform
• Self-Service Business Intelligence (BI) framework development
• Data Repository creation and management
• API integration services
• Dashboard development and reporting solutions
• Implementation at buyer's premises

Business Classification and Compliance

Infinity Infoway Limited has classified this contract as being awarded in the ordinary course of business, aligning with the company's existing operational framework. The agreement does not involve any related party transactions and has been executed at arm's length with the government entity.

Corporate Governance and Disclosure

The company has evaluated the agreement in accordance with its Policy on Determination of Materiality and SEBI LODR Regulations. While the contract falls under ordinary business operations and does not mandate disclosure under Clause A of Schedule III, Infinity Infoway Limited has chosen to disclose this information in the interest of transparency and good corporate governance practices.

The disclosure was signed by Bhaveshkumar Dhirajlal Gadhetriya, Managing Director, demonstrating the company's commitment to maintaining transparent communication with stakeholders and regulatory compliance.