Meeting Details

The 44th Annual General Meeting of Indian Infotech & Software Limited will be held on Wednesday, September 30, 2026, at 04:00 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

Ordinary Business Agenda

Item No. 1: Adoption of Standalone Financial Statements

To consider and adopt the audited standalone financial statements for the financial year ended March 31, 2026, including the Balance Sheet, Profit & Loss Statement, and reports of the Board of Directors and Auditors.

Item No. 2: Re-appointment of Director Retiring by Rotation

To re-appoint Ms. Shilpi Chourasiya (DIN: 09302632), who retires by rotation under Section 152(6) of the Companies Act, 2013, as a Director of the company.

Item No. 3: Appointment of Statutory Auditors

To appoint M/s SSRV & Associates, Chartered Accountants (Firm Registration No. 135901W, Mumbai) as the Statutory Auditors of the company. They will replace the retiring auditors, M/s ADV & Associates, Chartered Accountants, Mumbai. The proposed appointment is for a term of five (5) consecutive years, from the conclusion of the 44th AGM until the conclusion of the 49th AGM in 2031. Their remuneration will be as recommended by the Audit Committee and approved by the Board.

Special Business Agenda

Item No. 3 (Special Resolution): Increase in Limit for Investments, Loans, Guarantees

To approve an increase in the limit for making investments, giving loans/guarantees/advances to bodies corporate or other persons to ₹500.00 Crores (Rupees Five Hundred Crores only), exceeding the limits specified under Section 186(3) of the Companies Act, 2013. This approval will be valid for a period of 5 years from April 1, 2026, to March 31, 2031.

Item No. 4 (Special Resolution): Increase in Limit for Related Party Transactions

To approve an increase in the limit for material related party transactions to ₹250 crores (Rupees Two Hundred and Fifty Crores) for the financial year 2026-27. This covers transactions such as sale/purchase of goods, assets, services, leasing, appointments to office of profit, and borrowing/lending with related parties.

Item No. 6 (Special Resolution): Increase in Borrowing Powers

To approve an increase in the company's borrowing powers under Section 180(1)(c) of the Companies Act, 2013 to ₹500.00 crores (Rupees Five Hundred Crores only). This authorization will be valid for a period of 5 years from April 1, 2026, to March 31, 2031.

Item No. 7 (Special Resolution): Appointment of Independent Director

To appoint Mr. Yatin Vilas Chaphekar (DIN: 11927324) as a Non-Executive Independent Director of the company for a term of five (5) consecutive years from October 1, 2026, to September 30, 2031.

Voting Information

  • Record Date: September 23, 2026.
  • Remote e-Voting Period: Begins on Sunday, September 27, 2026, at 09:00 A.M. and ends on Tuesday, September 29, 2026, at 05:00 P.M.
  • E-Voting Service Provider: Purva Sharegistry (India) Private Limited.
  • Shareholders can also vote through their demat accounts using a single login credential per SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242.

Explanatory Statement Highlights

  • The appointment of M/s SSRV & Associates is recommended by the Audit Committee and Board based on their professional competence and experience.
  • The increase in financial limits (Items 3, 4, 6) is sought to support the company's long-term business plans and future financial requirements.
  • Mr. Yatin Vilas Chaphekar has submitted a declaration confirming his independence under Section 149(6) of the Companies Act, 2013.
  • The company confirms that none of its Directors, Key Managerial Personnel, or their relatives are interested in the special business resolutions.

Director Profile Summary (As per Regulation 36(3) of SEBI LODR)

  • Mr. Yatin Vilas Chaphekar (DIN: 11927324): Proposed Independent Director. Expertise in Corporate Management, Business Administration, Compliance, and General Management. Holds no shares in the company and has no other directorships in listed companies.
  • Ms. Shilpi Chourasiya (DIN: 09302632): Director retiring by rotation. Has experience in corporate management, administration, and strategic affairs. Holds no shares in the company. She is the wife of Mr. Anant Chourasiya, the Managing Director.