InfoBeans Technologies Wins Two 2026 ServiceNow Partner of the Year Awards

1 min read     Updated on 02 Mar 2026, 03:09 PM
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AI Summary

InfoBeans Technologies Limited has won two 2026 ServiceNow Partner of the Year Awards, including Transformation Partner of the Year for Asia Pacific and an Honorable Mention for AI Customer Value in the GenAI category. This marks the company's second consecutive year receiving ServiceNow Partner Awards in the APAC region. As a decade-long ServiceNow partner, InfoBeans delivers end-to-end transformations with AI-powered workflows across IT, CRM, HR, and strategic portfolio management, operating globally across India, US, Europe, and Middle East.

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Infobeans technologies has been recognized with two prestigious 2026 ServiceNow Partner of the Year Awards, marking another significant milestone in the company's partnership with the global workflow automation platform. The announcement was made on March 2, 2026, highlighting InfoBeans' exceptional contributions to the ServiceNow ecosystem.

Award Recognition Details

The company received recognition in two key categories for the Asia Pacific region:

Award Category: Recognition Level
Transformation Partner of the Year 2026: Asia Pacific Winner
AI Customer Value 2026: Asia Pacific Honorable Mention (GenAI Customer Value category)

This achievement represents InfoBeans' second consecutive year as a ServiceNow Partner Award winner in the APAC region, building on its 2024 Consulting and Implementation Partner of the Year recognition.

ServiceNow Partnership Excellence

As a trusted ServiceNow partner for over a decade, InfoBeans Technologies delivers comprehensive end-to-end ServiceNow transformations spanning consulting, implementation, and long-term sustenance. The company focuses on building scalable, AI-powered workflows that enable measurable ROI, accelerate platform adoption, and drive sustained business value.

InfoBeans supports enterprises in digitizing and modernizing workflows across multiple domains:

  • IT service management
  • Customer relationship management (CRM)
  • AI enablement solutions
  • HR Service Delivery
  • Strategic Portfolio Management

Industry Leadership Recognition

Michael Park, Senior Vice President of Global Partnerships and Channels at ServiceNow, emphasized the importance of partners in ServiceNow's success strategy. He highlighted how customers seek the fastest path from AI ambition to real business results, which requires partners capable of transforming platform potential into measurable outcomes.

Siddharth Sethi, Co-founder of InfoBeans, expressed honor at receiving the recognition, stating that the awards reflect the company's commitment to disciplined execution, strong architecture, production-grade AI solutions, and partnerships that drive real outcomes beyond technology deployments.

Company Overview

Founded in 2000 and publicly listed on the NSE, InfoBeans Technologies operates as a global digital transformation and technology consulting company. The organization helps enterprises drive AI-led transformation by delivering digital solutions that modernize systems and automate workflows, leveraging platforms such as ServiceNow and Salesforce alongside product engineering capabilities.

With operations across India, the United States, Europe, and the Middle East, InfoBeans is recognized for its outcome-driven approach, strong governance standards, and long-term client partnerships. The ServiceNow 2026 Partner Awards recognize partners through a rigorous evaluation process considering factors such as customer success, innovation, and business impact across multiple award categories and geographies.

Historical Stock Returns for InfoBeans Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%+4.84%-33.27%+6.56%+77.06%+300.26%
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InfoBeans Technologies Completes 3:1 Bonus Share Allotment Following Board Approval

2 min read     Updated on 02 Mar 2026, 09:55 AM
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Shriram SScanX News Team
AI Summary

InfoBeans Technologies successfully executed its bonus share allotment following board approval on March 02, 2026, distributing 7.27 crore bonus equity shares in a 3:1 ratio to eligible shareholders as of record date February 27, 2026. The allotment increased the company's paid-up share capital from ₹24.24 crore to ₹96.96 crore, representing a 300% growth in equity base. This followed overwhelming shareholder support through postal ballot, with 99.73% approval for bonus share issuance and 100% approval for authorized capital increase.

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InfoBeans Technologies Limited has successfully completed its bonus share allotment process following the board meeting held on March 02, 2026. The company allotted 7,27,19,580 fully paid-up bonus equity shares in a 3:1 ratio, significantly expanding its equity base after receiving overwhelming shareholder approval through the postal ballot process.

Board Meeting Outcome and Allotment Details

The Board of Directors meeting, conducted on March 02, 2026, from 09:00 AM to 09:30 AM, approved the allotment of bonus equity shares to eligible shareholders. The allotment was made in the proportion of 3:1, meaning three new fully paid-up equity shares of ₹10 each for every one existing fully paid-up equity share.

Allotment Details Information
Total Bonus Shares Allotted 7,27,19,580
Allotment Ratio 3:1
Face Value per Share ₹10
Record Date February 27, 2026
Meeting Duration 09:00 AM to 09:30 AM

Share Capital Transformation

The bonus issue has resulted in a substantial increase in the company's paid-up equity share capital, demonstrating the company's commitment to rewarding shareholders and enhancing liquidity.

Capital Structure Pre-Bonus Issue Post-Bonus Issue Growth
Number of Shares 24,239,860 96,959,440 300%
Paid-up Capital ₹24,23,98,600 ₹96,95,94,400 300%
Face Value ₹10 ₹10 Unchanged

Postal Ballot Success and Shareholder Approval

The bonus share allotment follows the successful completion of the postal ballot process, which concluded on February 22, 2026. The voting process was conducted under the supervision of scrutinizer Manish Maheshwari of M. Maheshwari & Associates, with remote e-voting conducted from January 24, 2026, to February 22, 2026.

Postal Ballot Results Authorized Capital Increase Bonus Share Issuance
Votes in Favour 76,01,729 75,81,529
Approval Percentage 100% 99.73%
Votes Against 178 20,378
Total Participation 76,01,907 shares across 56 members

Regulatory Compliance and Next Steps

The newly allotted bonus equity shares rank pari-passu with existing equity shares, carrying identical rights and privileges. Company Secretary and Compliance Officer Surbhi Jain has communicated the board meeting outcome to both NSE and BSE under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The company maintained full compliance with the Companies Act, 2013, MCA circulars, and SEBI Listing Regulations throughout the entire process, from postal ballot initiation to final allotment completion.

Historical Stock Returns for InfoBeans Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%+4.84%-33.27%+6.56%+77.06%+300.26%
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1 Year Returns:+77.06%