Intrasoft Technologies Ltd

Reg 29(2) Disclosure Summary

• Target Company: Intrasoft Technologies Limited.
• Disclosing Party: Rishi Kajaria & Sons (HUF); Shikha Kajaria.
• Disclosing Party: Salsett Vinimay Private Limited; Dua Engineering Works Private Limited.
• Transaction Type: Acquisition.
• Pre-Transaction Holding: 1,887,994 shares (11.57%).
• Acquired: 345,000 voting rights (2.12%).
• Mode: Open market.
• Post-Transaction Holding: 2,232,994 shares (13.69%).
• Date of Transaction: 20 August 2026.
• Equity share capital before acquisition: 163,116,780.
• Equity share capital after acquisition: 163,116,780.
• Total diluted share capital after acquisition: 163,116,780.

Business overview

• 123Stores operates as IntraSoft’s Amazon US retailer and e-commerce subsidiary.
• Shifting from inventory-heavy to Vendor Direct model to reduce capital burden.
• Plans to expand catalog from 150,000 to 500,000 products via brand partners.

Operational highlights

• Vendor Direct Model acceleration with revenue share to increase.
• Catalog growth plan to 500k SKUs; brand partner network to broaden.
• Fulfillment partnerships with UPS and FedEx for fast delivery.

Financial performance

• Q1 FY27 revenue 13,963.30; prior 12,899.12.
• PAT 454.52; prior 410.03.
• EBITDA 599.74; prior 490.17.
• PBT 468.49; prior 438.86.

Strategic priorities & outlook

• Scale Vendor Direct Model; increase revenue share.
• Grow brand partner network; catalog expansion.
• Invest in technology to boost efficiency, speed, scalability, and security.

Financial highlights

• Revenue for quarter: L1139.63 Cr, vs L1128.99 Cr in the corresponding quarter.
• Profit after tax: L14.54 Cr, vs L14.10 Cr in the corresponding quarter.
• Commentary: vendor-direct strategy and technology-centric platform with ongoing investments to drive growth.

Standalone results

• Standalone revenue from operations Rs 329.75 lacs; total income Rs 335.79 lacs.
• Standalone total expenses Rs 273.18 lacs; PBT Rs 62.61 lacs.
• Standalone PAT Rs 58.37 lacs; EPS Rs 0.36.
• Board approved unaudited standalone results; limited review by K.N. Gutgutia & Co.
• Company operates a single segment: Internet-based delivery of services.

Consolidated results

• Consolidated revenue from operations Rs 329.75 lacs; total income Rs 335.79 lacs.
• Consolidated PBT Rs 62.61 lacs; includes results of 3 subsidiaries and 1 step-down.
• No separate segment reporting due to single business segment.

Other disclosures

• Regulatory review: Limited Review Report under Regulation 33 of SEBI LODR.
• Notes: IND AS 34 interim financial reporting; results displayed on company website.

Meeting Details

• Board meeting on August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Un-Audited standalone and consolidated financial results for the quarter ended June 30, 2026.
• Auditors' Limited Review Report for the same period.

Other Notes

• Trading window closed for insiders from July 1, 2026 to August 15, 2026.

Intrasoft Technologies Ltd: Trading window closed from 1 July 2026 up to 48 hours after the declaration of quarterly results for the quarter ended June 30, 2026; The Trading Window shall re-open after 48 hours of declaration of the said results.

CFO Resignation

• Mr. Mohit Kumar Jha resigned as Chief Financial Officer effective March 28, 2026
• Resignation reason: to pursue better career opportunities
• No other material reasons for resignation disclosed

CFO Appointment

• Mr. Sharad Kajaria appointed Chief Financial Officer effective March 28, 2026
• Sharad Kajaria is an entrepreneur with 20+ years in internet technologies and business transformation
• He focuses on technology integration, strategic execution, and investment strategy
• He is brother of Managing Director Mr. Arvind Kajaria

Resignation of Chief Financial Officer (CFO)

• Resigning CFO: Mr. Mohit Kumar Jha
• Effective resignation date: March 25, 2026
• Reason for resignation: To pursue better career opportunities
• No other material reasons for resignation stated
• Resignation accepted by the Board effective March 28, 2026
• Mr. Sharad Kajaria appointed as new CFO effective March 28, 2026