IntraSoft Technologies Limited has announced a key management change with the resignation of its Company Secretary & Compliance Officer. The company disclosed this development to stock exchanges on January 14, 2026, in compliance with regulatory requirements.

Key Personnel Change Details

Mr. Aakash Kumar Singh, serving as Company Secretary & Compliance Officer, has tendered his resignation effective February 28, 2026. The resignation details are outlined in the following table:

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited, with the company trading under scrip code 533181 and symbol ISFT respectively.

IntraSoft Technologies has also complied with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, by providing comprehensive details of the personnel change.

Management Response

The Board and Management of IntraSoft Technologies have extended their sincere appreciation for the contributions made by Mr. Aakash Kumar Singh during his tenure as Company Secretary & Compliance Officer. Managing Director Arvind Kajaria (DIN: 00106901) signed the official communication to the stock exchanges.

In his resignation letter, Singh expressed gratitude to the Board of Directors, Management, and Senior Management Personnel for their support, guidance, and cooperation during his service period. He specifically requested the company to arrange necessary intimations and disclosures with regulatory authorities including the Ministry of Corporate Affairs, Registrar of Companies, and Stock Exchanges.

Corporate Details

IntraSoft Technologies Limited operates with its registered office at 502A Prathamesh, Raghuvanshi Mills Compound, S.B. Marg, Lower Parel, Mumbai - 400 013, and corporate office at Suite 301, 145 Rash Behari Avenue, Kolkata - 700 029. The company holds CIN L24133MH1996PLC197857 and maintains its official communications through established regulatory channels.

Intrasoft Technologies , a leading e-commerce retailer, has announced its financial results for the second quarter of fiscal year 2025-2026, showcasing revenue growth amidst ongoing business model transformation.

Financial Highlights

For the quarter ended September 30, 2025, IntraSoft Technologies reported:

Business Performance

IntraSoft Technologies, through its e-commerce subsidiary 123 Stores, has maintained its position among the top 300 retailers on the Amazon US marketplace. The company offers an extensive product range of over 150,000 items across major categories.

Strategic Transformation

The company has been undergoing a significant transformation from an inventory-heavy model to a vendor-direct model. This shift aims to:

1. Reduce working capital requirements
2. Lower debt levels
3. Minimize shipping, storage, and inventory holding costs

The vendor-direct model involves shipping products directly from brand warehouses to consumers, enhancing operational efficiency.

Future Outlook

IntraSoft Technologies has outlined key focus areas for future growth:

1. Expanding the brand partner network to increase product offerings
2. Investing in technology innovation, including artificial intelligence capabilities
3. Enhancing the scalability of operations through improved technology infrastructure

Management Commentary

Arvind Kajaria, Managing Director of IntraSoft Technologies, stated, "We're building on the strength of our vendor-direct model while transforming into a dynamic, technology-driven platform. By continually investing in our people, systems, and processes, we're laying the groundwork for smarter, more sustainable growth."

He added, "As we move forward, our goal is to create enduring value for our brand partners and customers alike. We deeply value the partnerships we've built over the years and will continue to nurture them through innovation, operational excellence, and an unwavering commitment to quality at every stage."

Conclusion

IntraSoft Technologies' Q2 FY2026 results reflect the company's ongoing transition towards a more efficient business model. While revenue has shown growth, the decrease in profit underscores the challenges and investments associated with this transformation. The company's focus on expanding its brand partnerships and technological capabilities positions it for potential long-term growth in the competitive e-commerce landscape.

Investors and stakeholders will be watching closely to see how IntraSoft Technologies' strategic shifts translate into financial performance in the coming quarters.