Meeting Details
The 16th Annual General Meeting of the equity shareholders of InfoBeans Technologies Limited (CIN: L72200MP2011PLC025622) was held on Friday, August 7th, 2026, at 04:00 P.M. through a virtual node. The meeting was deemed to be held at the registered office of the company at Crystal IT Park, STP-I, 2nd Floor, Ring Road, Indore, Madhya Pradesh, India, 452001.
Proposed Resolutions and Implications
Three ordinary resolutions were proposed for shareholder approval:
1. Item No. 1: To receive, consider, and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with reports of the Board of Directors and Auditors, and the Audited Consolidated Financial Statements for the same period with the Auditors' Report.
2. Item No. 2: To appoint a director in place of Mr. Avinash Sethi (DIN: 01548292), who retires by rotation and being eligible, sought re-appointment.
3. Item No. 3: To declare a final dividend at the rate of ₹0.50 (Fifty Paise) per equity share along with a special dividend of ₹0.50 (Fifty Paise) per equity share for the year ended March 31, 2026.
Voting Process and Methods
The voting was conducted through two methods as permitted under Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014:
- Remote e-voting: Conducted through the electronic voting system provided by Central Depository Services (India) Limited (CDSL). The voting period commenced on Monday, August 3rd, 2026 (09:00 AM IST) and ended on Thursday, August 6th, 2026 (05:00 PM IST).
- Venue e-voting: Conducted through electronic voting system at the AGM on August 7th, 2026.
The company issued a public advertisement for the notice to members in two newspapers: "Business Standard" (English) and "Choutha Sansar" (Hindi) on July 16th, 2026.
Key Voting Outcomes
Item No. 1 - Adoption of Financial Statements
| Manner of Voting | Votes in Favor | % | Votes Against | % | Total Votes | % |
| Remote e-voting | 53,358,318 | 100| 4 | 0 | 53,358,322 | 100|
| Venue e-voting | 2,034 | 100| 0 | 0 | 2,034 | 100|
| Total | 53,360,352 | 100 | 4 | 0 | 53,360,356 | 100 |
Item No. 2 - Re-appointment of Director
| Manner of Voting | Votes in Favor | % | Votes Against | % | Total Votes | % |
| Remote e-voting | 53,358,318 | 100| 4 | 0 | 53,358,322 | 100|
| Venue e-voting | 2,034 | 100| 0 | 0 | 2,034 | 100|
| Total | 53,360,352 | 100 | 4 | 0 | 53,360,356 | 100 |
Item No. 3 - Declaration of Dividend
| Manner of Voting | Votes in Favor | % | Votes Against | % | Total Votes | % |
| Remote e-voting | 53,358,318 | 100| 4 | 0 | 53,358,322 | 100|
| Venue e-voting | 2,034 | 100| 0 | 0 | 2,034 | 100|
| Total | 53,360,352 | 100 | 4 | 0 | 53,360,356 | 100 |
Scrutinizer's Role and Findings
M/s. M. Maheshwari & Associates, Practicing Company Secretaries, were appointed as Scrutinizer to scrutinize the e-voting process. The votes cast were unblocked on Friday, August 7th, 2026, at 05:00 P.M. after the conclusion of the AGM, witnessed by two independent witnesses: Ms. Palak Garg and Ms. Avani Moghe (not in employment of the company). The scrutinizer relied on reports generated from CDSL's e-voting system and conducted test-check verification. The cut-off date for determining members entitled to vote was July 31st, 2026.
Compliance Confirmation
The voting process was conducted in compliance with:
- Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014
- Regulation 44(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
- MCA Circulars: General Circular Nos. 14/2020, 17/2020, 20/2020, 09/2023, 09/2024, and 03/2025
- SEBI Circulars: SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133, and 2026/295