Infinity infoway Limited has announced a strategic collaboration with Network People Services Technologies Limited (NPST) to integrate digital payment capabilities into its ERP platform through the Timepay Prepaid Card solution. The partnership aims to enable identity-linked prepaid digital payment functionality across various user segments including students, employees, and drivers.

Strategic Collaboration Details

The collaboration between Infinity Infoway Limited and NPST focuses on integrating NPST's Timepay Prepaid Card with the company's ERP platform. The integration is designed to embed prepaid payment capabilities into operational workflows governed by predefined rules, access controls, and policy frameworks within the ERP system.

Launch Event and Communication

The company organized a launch event to announce the "Timepay Prepaid Card integrated with Infinity ERP" solution. The event details were communicated through a press release issued by the company.

Business Impact and Compliance

According to the company's voluntary disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, the press release was issued purely for informational and brand communication purposes. The company has clarified several important aspects of this collaboration:

• The arrangement does not involve execution of any binding agreement or financial commitment at this stage
• No material financial impact on the company has been disclosed
• The collaboration is strategic in nature and entered into in the ordinary course of business
• No separate Board approval was required for the arrangement
• The collaboration does not constitute a related party transaction
• Neither promoters nor promoter group entities have any interest in the collaboration

Solution Features and Benefits

The integrated Timepay Prepaid Card solution offers several key features designed to enhance digital payment experiences across different sectors:

• Cashless Experiences: Users can make payments using credentials they already carry
• Operational Control: Strong operational control, auditability, and compliance for institutions
• Integrated Workflows: Seamless integration across education, enterprise, and mobility ecosystems
• Universal Acceptance: Payment acceptance across both online and offline environments

Market Positioning and Growth Opportunities

The partnership leverages Infinity Infoway's established presence across universities, schools, enterprises, and transport operators. This collaboration is positioned to enhance NPST's embedded finance capabilities and accelerate institutional reach through a phased pan-India rollout strategy.

The education segment represents a significant opportunity, with the solution designed to digitize student expenditures while providing complete transparency and oversight to parents. The partnership aims to deliver controlled, auditable, and fully compliant cashless payment solutions across multiple sectors.

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.