InfoBeans Technologies Limited has announced the re-appointment of Mr. Siddharth Sethi as Managing Director for a five-year term starting February 21, 2026. The Board of Directors approved this strategic leadership decision during their meeting held on March 11, 2026, ensuring continuity in the company's executive management.

Leadership Continuity and Experience

Mr. Sethi brings substantial experience and commitment to his continued role as Managing Director. At 51 years of age, he possesses 25 years of professional experience and has been associated with the company's board since his first appointment on March 18, 2011. His educational credentials include a graduate degree in Electrical Engineering from SGSITS, Indore, and an MBA from IIM, Indore.

Shareholding and Corporate Governance

The Managing Director demonstrates significant commitment to the company through his substantial shareholding of 2,37,20,504 shares. This alignment of interests between leadership and shareholders reinforces the governance structure. Notably, Mr. Sethi maintains independence in his role with no relationships with other Directors, Managers, or Key Management Personnel.

Appointment Terms and Conditions

The re-appointment encompasses several key provisions that define the scope and nature of the role:

Additional Corporate Responsibilities

Beyond his role at InfoBeans Technologies, Mr. Sethi serves on the boards of multiple organizations, including IIM Indore Alumni Association, Ecoplex Infra Pvt Ltd, and Kriti Industries(India) Ltd. He also contributes as a Member of the Corporate Social Responsibility Committee, demonstrating his commitment to broader corporate governance and social responsibility initiatives.

Regulatory Compliance

The re-appointment has been conducted in full compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all disclosure requirements and informed both the National Stock Exchange of India Limited and BSE Limited about this significant corporate development, ensuring transparency for all stakeholders.

InfoBeans Technologies Ltd has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting a share transfer transaction by promoter Siddharth Sethi. The transaction involved the transfer of 5,000 equity shares through gift, executed on March 9, 2026.

Transaction Details

The share transfer represents a minor adjustment in the promoter's shareholding pattern. Prior to the transaction, Siddharth Sethi held 2,37,25,504 shares, representing 24.47% of the company's total share capital. Following the gift transfer of 5,000 shares, his holding reduced to 2,37,20,504 shares, constituting 24.46% of the total shareholding.

Company Share Capital Structure

InfoBeans Technologies Ltd maintains its equity share capital structure unchanged following this transaction. The company's total equity share capital stands at 9,69,59,440 equity shares of Rs. 10 each. The share transfer does not impact the overall capital structure or diluted share capital of the company.

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. The company's shares are listed on both the National Stock Exchange of India Ltd and BSE Ltd. The transaction documentation was completed on March 11, 2026, with proper regulatory filings submitted to ensure compliance with applicable securities regulations.

Key Transaction Highlights

The share transfer transaction exhibits several notable characteristics:

• Minimal Impact: The 5,000 share transfer represents only 0.005% of total share capital
• Gift Transaction: The transfer was executed as a gift rather than a market transaction
• Promoter Group: The transaction involves a promoter group member
• No Encumbrance: No shares were pledged, encumbered, or subject to non-disposal undertakings
• Voting Rights: The transaction involved only voting equity shares with no special instruments

The transaction maintains the promoter's significant shareholding position while demonstrating compliance with regulatory disclosure requirements for share transfer activities within the promoter group.