Infronics Systems Ltd

Infronics Systems Limited – Trading Window closed from October 01, 2026 until 48 hours after declaration of Un-audited Financial Results for the quarter and half-year ended September 30, 2026.

Annual Report access to shareholders

• Dispatched letters to shareholders lacking registered email addresses; provides web-link to 2025-26 Annual Report.
• Notice of the 26th AGM included in the materials accessed via the web-link.
• Disclosures reference Regulation 30 and 36(1)(b) of the SEBI LODR Regulations, 2015.

Record date for AGM e-voting

• Record date for remote e-voting and AGM is Wednesday, 23 September 2026.
• Book closure is 24 September 2026 to 30 September 2026.

Book closure

• Book closure from Sep 24, 2026 to Sep 30, 2026, both inclusive, for AGM.

Dates and voting

• Purpose: 26th AGM via VC/OAVM on Sep 30, 2026 at 10:00 AM.
• Record date Sep 23, 2026 determines voting eligibility for AGM and remote e-voting.
• Remote e-voting window: Sep 27, 2026 09:00 IST to Sep 29, 2026 17:00 IST.

Financial snapshot

• Revenue from operations nil in FY2025-26; prior year 228.58.
• Total income 3.10 lakhs; down from 237.42.
• Total expenses 76.64 lakhs; down from 80.66.
• PAT at -74.56 lakhs; prior year +112.38.
• PBT before tax -73.54; prior year +156.76.

Operations & revival

• BSNL contracts ended; no active revenue as of 31 Mar 2026.
• Management exploring technology product to revive business.

Capital & liquidity

• Equity share capital 7,926,461 shares; paid-up 792.65 lakhs.
• Authorized capital 11,000,000 shares.
• Net worth 260.14 lakhs; no borrowings; cash 253.68 lakhs.
• Capital gearing 0%.

Dividends & reserves

• Dividend not declared for FY2025-26.
• Loss of 74.56 lakhs transferred to General Reserves.

Governance

• Board of 4 directors; Neerad Gajula retires by rotation; re-appointment proposed.
• Shubhi Singhal resigned as Company Secretary Feb 28, 2026.
• Arihant Jain appointed Company Secretary & Compliance Officer May 31, 2026.
• Independent directors declared independence; board evaluation conducted.

Audit & risk

• Statutory auditors issued disclaimer of opinion on going concern.
• Secretarial audit notes delays in MGT-14 filing and certificate submission.
• Three bank accounts under debit restrictions due to ongoing proceedings.

Contingent liabilities

• Mudunuru Limited demand Rs 1,205.24 lakhs; disputed; contingent liability disclosed.

Outlook & risks

• Outlook depends on revival plan and resolution of legal matters.
• Industry digitization provides opportunities for tech product development.

AGM Details

• Date and time: 30 September 2026 at 10:00 AM IST.
• Mode: VC/OAVM; no physical attendance.
• Record/book closure: Register of Members closed 24–30 September 2026.
• Remote e-voting window: 27–29 September 2026, 9:00 AM–5:00 PM.
• Shareholder communication cut-off: annual report emails to be sent by 04 September 2026.

Key Resolutions

• Adopt Audited Financial Statements for FY 2025-26.
• Re-appoint Neerad Kumar Gajula as Director liable to retire by rotation.

Dividend

• Dividend for FY 2025-26: not recommended.

Director Changes

• Director Neerad Kumar Gajula to be re-appointed; Whole-time Director; terms unchanged.
• Remuneration last drawn: Rs 13.75 lakh; actual paid due to loss of pay.
• Remuneration proposed: unchanged at Rs 13.75 lakh.
• Shareholding: 17.84% (14,14,427 shares) as of 31 Mar 2026.

Voting & E-voting

• Remote e-voting via CDSL; window 27–29 September 2026.
• No proxies; attendance and voting via VC/OAVM.
• Results to be declared within two working days after AGM.