Meta Infotech Limited, a prominent player in the technology sector, has announced significant corporate decisions following its recent board meeting. The company's Board of Directors has approved related party transactions worth up to Rs 8.00 crores with its international subsidiaries for the fiscal year 2025-2026.

Key Highlights of Board Decisions

• Transactions with Meta Infotech Dubai: The board approved related party transactions not exceeding Rs 4.00 crores for FY 2025-2026.
• Transactions with Meta Infotech Australia Pty Ltd: Similar approval was granted for transactions up to Rs 4.00 crores for the same fiscal year.
• Nature of Transactions: These dealings encompass the sale, purchase, or supply of goods or materials, availing or rendering of services, and property-related activities.
• Regulatory Compliance: All approvals were based on recommendations from the Audit Committee and adhere to regulatory requirements.

Corporate Governance Measures

The board meeting also addressed several corporate governance matters:

1. Review of Remuneration: The board reviewed the remuneration and sitting fees for Directors, Key Managerial Personnel, and Senior Management.

2. Approval of Related Party Compensations:

   • Ratified the remuneration for Mrs. Jyoti Kommuri, sister of Mr. Venu Gopal Peruri, within the limits prescribed by Section 188(f) of the Companies Act, 2013.
   • Approved and ratified the remuneration for Mr. Venkat Prasad Reddy, brother-in-law of Mr. Venu Gopal Peruri, in compliance with Regulation 23 of SEBI (LODR) Regulations, 2015.

Transparency in Related Party Transactions

Meta Infotech has emphasized that both Meta Infotech Dubai and Meta Infotech Australia Pty Ltd are related parties by virtue of common shareholding with the promoter group. The company assured that these transactions would be conducted at arm's length, ensuring fairness and transparency.

The board meeting demonstrated Meta Infotech's commitment to corporate governance and regulatory compliance. These decisions reflect the company's strategic moves to strengthen its international operations while maintaining transparency in its dealings with related entities.

Investors and stakeholders can view these approvals as part of Meta Infotech's ongoing efforts to expand its global footprint and optimize its operational synergies with its international subsidiaries.

Meta Infotech Limited has announced the receipt of purchase orders totaling Rs. 166.30 lakh for on-site sustenance resources services. The company disclosed this information in a regulatory filing to the Bombay Stock Exchange (BSE) on September 17, 2025.

Order Details

The orders comprise two contracts:

1. A renewal contract valued at Rs. 68.30 lakh for the period from September 1, 2025, to August 31, 2026.
2. A fresh contract worth Rs. 98.00 lakh, spanning from July 17, 2025, to July 16, 2026.

Business Impact

Meta Infotech Limited stated that these orders were received in the ordinary course of business. The company's ability to secure both renewal and fresh contracts suggests a stable client base and potential for growth in its on-site services segment.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed entities to disclose material events or information to stock exchanges.

Meta Infotech Limited, headquartered in Mumbai, specializes in providing IT services, including on-site sustenance resources services to its clients.