Infinity Infoway Limited has received a disclosure from Holani Capital Advisors LLP regarding the substantial acquisition of shares under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeover (SAST) Regulations, 2011. The investment manager for Holani Venture Capital Fund-I has acquired a significant stake in the BSE SME-listed company.

Acquisition Details

The disclosure reveals that Holani Venture Capital Fund-I, along with its Person Acting in Concert (PAC) Holani Consultants Private Limited, has acquired substantial shareholding in Infinity Infoway Limited. The acquisition represents a strategic investment by the venture capital fund in the technology company.

Investment Breakdown

The acquisition involved multiple transaction modes, demonstrating a comprehensive investment approach by Holani Venture Capital Fund-I. The fund participated in the company's Initial Public Offering (IPO) and subsequently made additional purchases through open market operations.

Transaction Summary

PAC Transactions

Company Structure

Infinity Infoway Limited maintains an equity share capital structure of 54,52,200 equity shares with a face value of ₹10.00 each. The company's shares are listed on the BSE SME platform, and the total diluted share capital remains unchanged at 54,52,200 shares following this acquisition.

Regulatory Compliance

The disclosure was filed on January 8, 2026, with BSE Limited and addressed to Ms. Bharti Ajudiya, Company Secretary and Compliance Officer of Infinity Infoway Limited. Holani Capital Advisors LLP, operating from Jaipur, Rajasthan, serves as the investment manager for Holani Venture Capital Fund-I and maintains LLPIN: AAO-1127.

Investment Position

Prior to this acquisition, Holani Venture Capital Fund-I held no shares in Infinity Infoway Limited. The current holding of 3,27,200 shares represents 6.00% of both the total share capital and voting rights of the company. The acquirer does not belong to the promoter or promoter group of Infinity Infoway Limited, indicating this is an independent institutional investment.

Infinity Infoway Limited , a software services provider, has recently inked a significant deal in the education sector. The company has executed an ERP Software Service Agreement with The Education Committee of Shri Maheshwari Samaj, Jaipur, marking a notable business development.

Contract Details

Scope of Work

The agreement encompasses a comprehensive range of services, including:

• Implementation of ERP modules
• Customization based on client requirements
• SRS-based development
• User Acceptance Testing (UAT)
• Training for end-users
• Ongoing support and maintenance

Financial Impact and Disclosure

Despite the contract's substantial value, Infinity Infoway has classified this agreement as part of its ordinary course of business. The company does not anticipate any material financial impact from this engagement. However, in the interest of transparency and shareholder awareness, Infinity Infoway has made a voluntary disclosure about this contract.

Contract Terms

• Nature of Agreement: ERP Software Service Agreement
• Date of Agreement: November 28, 2025
• Contract Tenure: Not specified in the disclosure
• Nature of Consideration: One-time customization fee and annual recurring per-student charges

Company's Assessment

Infinity Infoway has evaluated this agreement in accordance with its Policy on Determination of Materiality and SEBI LODR Regulations. The company's assessment indicates that:

1. The agreement is in the ordinary course of business.
2. It does not result in any change to the general character or nature of the business.
3. The event does not fall within the ambit of mandatory disclosures under SEBI regulations.

While the contract value is significant relative to the company's turnover, Infinity Infoway has determined that it does not qualify as a material event under Regulation 30 of SEBI LODR. The voluntary disclosure serves to keep stakeholders informed about the company's business activities and growth.

This contract showcases Infinity Infoway's capabilities in the education technology sector. However, investors should note that the company has not provided any forward-looking statements or projections regarding the impact of this contract on its future financial performance.