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Indian Infotech & Software Limited has informed the BSE Limited that its Board has fixed the book closure date from September 24, 2026, to September 30, 2026, for the purpose of the 44th Annual General Meeting, pertaining to the equity shares with Security Code 509051 and ISIN INE300B01022.

Indian Infotech and Software Limited approved the appointment of Heneel Shah & Associates as internal auditor for the financial years 2026-27 to 2028-29 and recommended the appointment of M/s. SSRV and Associates as statutory auditor for a five-year term, replacing retiring auditors M/s ADV & Associates. The company also approved the reappointment of Ms. Shilpi Chourasiya as director, appointed Mr. Yatin Vilas Chaphekar as an independent director effective October 1, 2026, and authorized a proposal to increase the borrowing power limit up to Rs 500 crore, subject to shareholder approval.

Indian Infotech and Software Limited approved the appointment of Heneel Shah & Associates as internal auditor for the financial years 2026-27 to 2028-29, and appointed M/s. SSRV and Associates as statutory auditor for a five-year term starting October 1, 2026, replacing retiring auditors M/s ADV & Associates. The company also approved the reappointment of Ms. Shilpi Chourasiya as director, appointed Mr. Yatin Vilas Chaphekar as an independent director effective October 1, 2026, and authorized a proposal to increase the borrowing power limit up to Rs 500 crore, subject to shareholder approval.

Indian Infotech and Software Limited will hold a board meeting on Thursday, September 3, 2026, to consider the appointment of an internal auditor and re-appointment of a statutory auditor, among other matters. The board will also consider a proposal to increase the limit for investments, loans, guarantees, and advances to Rs 500 crore, a limit for related party transactions to Rs 250 crore, and borrowing power to Rs 500 crore, all subject to shareholder approval at the upcoming Annual General Meeting.

Net Loss of Indian Infotech and Software reported to Rs 3.26 crore in the quarter ended March 2026 as against net loss of Rs 5.57 crore during the previous quarter ended March 2025. Sales rose 773.97% to Rs 35.92 crore in the quarter ended March 2026 as against Rs 4.11 crore during the previous quarter ended March 2025.For the full year,net profit reported to Rs 1.38 crore in the year ended March 2026 as against net loss of Rs 6.92 crore during the previous year ended March 2025. Sales rose 62.59% to Rs 64.11 crore in the year ended March 2026 as against Rs 39.43 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales35.924.11 774 64.1139.43 63 OPM %-13.03-129.44 -2.90-16.92 - PBDT-4.68-5.32 12 1.86-6.67 LP PBT-4.68-5.32 12 1.86-6.67 LP NP-3.26-5.57 41 1.38-6.92 LP Powered by Capital Market - Live News