InfoBeans Technologies Founders Donate ₹22 Crore Worth Equity Shares to Navodaya Foundation

1 min read     Updated on 14 Feb 2026, 04:08 PM
scanx
Reviewed by
Suketu GScanX News Team
Overview

InfoBeans Technologies founders donated 2,43,000 equity shares worth ₹22 crore to Navodaya Foundation, a Bengaluru-based charitable trust registered in 2003. The donation supports long-term programs in education, environmental sustainability, and animal protection. The transaction involves transfer of existing promoter-held shares without fresh issuance, demonstrating the leadership's commitment to philanthropic initiatives and social responsibility.

32611098

*this image is generated using AI for illustrative purposes only.

Infobeans technologies founders have made a significant philanthropic contribution by donating equity shares worth ₹22 crore to support social impact initiatives. The donation represents a substantial commitment to charitable causes and demonstrates the company leadership's dedication to social responsibility.

Share Donation Details

The founders jointly donated 2,43,000 equity shares of InfoBeans Technologies Limited with an approximate aggregate value of ₹22 crore to the Navodaya Foundation. This transfer was undertaken by the promoters in their personal capacity as part of their philanthropic initiatives.

Parameter: Details
Shares Donated: 2,43,000 equity shares
Approximate Value: ₹22 crore
Recipient: Navodaya Foundation
Nature: Transfer of existing shares

About Navodaya Foundation

Navodaya Foundation is a Bengaluru-based Public Charitable Trust with established credentials and proper regulatory approvals. The foundation operates across multiple areas of social impact and maintains compliance with income tax regulations.

Foundation Details: Information
Registration Date: 14.05.2003
Location: Bengaluru
Type: Public Charitable Trust
Section 12AB: Registered
Section 80G: Approved

Focus Areas and Objectives

The donated funds will support long-term programs in three primary areas:

  • Education: Supporting educational initiatives and programs
  • Environmental Sustainability: Promoting conservation and environmental protection
  • Animal Protection: Wildlife preservation and animal welfare activities

The Foundation also undertakes activities in medical relief and preservation and conservation of nature and wildlife, alongside other public utility initiatives.

Transaction Clarification

InfoBeans Technologies clarified that the transaction represents a transfer of existing equity shares personally held by the promoters. The company emphasized that this donation does not involve any fresh issuance of shares by the company, ensuring no dilution of existing shareholding structure.

About InfoBeans Technologies

InfoBeans Technologies specializes in AI-led software solutions for enterprise clients, helping solve complex business problems. The company maintains strategic partnerships with major technology providers including Salesforce, ServiceNow, Microsoft, and agineo. These partnerships enable corporations to transform their businesses and gain competitive digital advantages. InfoBeans Foundation serves as the company's CSR arm, providing free one-year training programs to help underprivileged sections of society become employable.

Historical Stock Returns for InfoBeans Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-3.29%+3.08%-3.49%+48.91%+159.34%+505.21%
like15
dislike

InfoBeans Technologies Board Meeting Scheduled for February 09, 2026 to Consider EGM Notice for Amalgamation Scheme

1 min read     Updated on 06 Feb 2026, 09:09 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

InfoBeans Technologies Limited has scheduled a board meeting for February 09, 2026, at 08:00 P.M. to approve an EGM notice for the amalgamation scheme of InfoBeans CloudTech Ltd with InfoBeans Technologies Ltd. The meeting follows NCLT Indore Bench orders dated February 02, 2026 and November 04, 2025, and will be conducted via video conferencing from the company's Indore registered office.

31937954

*this image is generated using AI for illustrative purposes only.

InfoBeans Technologies Limited has announced a board meeting scheduled for February 09, 2026, to deliberate on crucial matters related to a proposed amalgamation scheme. The meeting represents a significant step in the company's corporate restructuring process.

Board Meeting Details

The board meeting is scheduled with the following specifications:

Parameter: Details
Date: February 09, 2026
Time: 08:00 P.M.
Venue: Video conferencing from registered office
Location: 1st Floor, Crystal IT Park, STP-I 2nd Floor, Ring Road, Indore MP 452001

Agenda and Purpose

The primary agenda item for the board meeting involves considering and approving the draft of an Extra Ordinary General Meeting Notice. This EGM notice will seek shareholder approval for the scheme of amalgamation of InfoBeans CloudTech Ltd with InfoBeans Technologies Ltd.

The proposed amalgamation follows specific regulatory directions and court orders that provide the legal framework for this corporate action.

Regulatory Framework

The amalgamation scheme operates under clear regulatory guidance:

Regulatory Aspect: Details
NCLT Order Date: February 02, 2026
Previous Direction: November 04, 2025
Jurisdiction: National Company Law Tribunal (NCLT) Indore Bench
Compliance: Regulation 29 requirements

The company has received the necessary approvals from the National Company Law Tribunal (NCLT) Indore Bench, with the latest order dated February 02, 2026, building upon earlier directions issued on November 04, 2025.

Corporate Information

InfoBeans Technologies Limited operates under CIN: L72200MP2011PLC025622 and maintains its registered office at Crystal IT Park in Indore. The company secretary and compliance officer, Surbhi Jain, has issued the formal notice to both NSE and BSE, ensuring compliance with listing regulations.

The board meeting represents a procedural step toward completing the amalgamation process, with the EGM notice serving as the mechanism to obtain necessary shareholder approvals for the proposed scheme.

Historical Stock Returns for InfoBeans Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-3.29%+3.08%-3.49%+48.91%+159.34%+505.21%
like20
dislike

More News on InfoBeans Technologies

1 Year Returns:+159.34%