PS IT Infrastructure & Services Ltd

NCS obligations status

• No outstanding Non-convertible securities or related payment obligations for the upcoming quarter.
• There are no unpaid Interest/Dividend/Principal obligations from previous periods.

PS IT Infrastructure & Services Limited: Trading window closure from October 1, 2026 until 48 hours after declaration of unaudited financial results for the 2nd Quarter ended September 30, 2026 for the Financial Year ended March 31, 2027.

AGM Details

• AGM held on 21 September 2026 at 12:15 PM.
• Mode: e-voting and ballot voting.

Governance / MD Status

• Scrutinizer appointed for e-voting and ballot: M/s Sanjay Kumar Vyas (Practising Company Secretary).
• Scrutinizer Report enclosed for e-voting and ballot.
• KAWARLAL KANHAIYALAL OJHA suspended as Managing Director.

AGM details

• AGM held via VC/OAVM with remote e-voting from Sep 18–20, 2026.
• Scrutinizer report submitted on Sep 21, 2026.
• Total shareholders on record date: 5,077.

Voting results

• Adoption of audited financial statements: in favour 1,434,241; against 14,058.
• Director by rotation: in favour 1,434,241; against 14,058.

Director changes

• Re-appointment of Kawarlal K. Ojha as Director by rotation.

AGM details and key proceedings

• AGM held on Sep 21, 2026 at 12:15 PM via video conferencing; concluded at 12:30 PM.
• Chair: Rajaneesh Kr. Aggarwal, NCLT-appointed Resolution Professional.
• Attendance: 50 members, including two promoter-group members.
• Quorum met per Section 103; meeting conducted in VC mode.
• Remote e-voting from Sep 18, 2026, 9:00 AM to Sep 20, 2026, 5:00 PM; NSDL closed the module.
• Six speakers registered; one attended initially and then left.
• Scrutinizer: Sanjay Kumar Vyas, Practicing Company Secretary.
• Ordinary Business: (i) adopt standalone financial statements and reports.
• Ordinary Business: (ii) re-appoint director by rotation.
• Voting results to be declared after counting; intimated to stock exchanges and posted on company website.

Financial snapshot

• Total revenue for year ended 31 Mar 2026: ₹1,004.13 lakh.
• PBT at ₹-221.40 lakh; PAT at ₹-165.66 lakh.
• EPS: ₹-0.31 per share; no dividend declared.
• Equity share capital: ₹53.76 crore.

Liquidity & capital structure

• Total indebtedness ₹994.47 lakh; short-term borrowings drive debt.
• Net debt ₹82.02 lakh; cash ₹0.09 lakh; marketable securities ₹912.36 lakh.
• Net gearing 0.025x.

Regulatory & governance status

• CIRP admitted 29 Apr 2026; RP appointed to manage affairs.
• Board powers suspended; AGM via VC/OAVM planned.
• BSE levied ₹1,06,200 as penalty for CS appointment lapse.

Audit & governance flags

• Auditor's report notes going concern due to CIRP; no material qualifications.
• Secretarial MR-3; compliance deemed satisfactory; Independent directors; no major issues.

Business & operations

• Single operating segment: Finance & Investments; segment reporting not applicable.
• Revenue recognition aligns with Ind AS; investments and stock-in-trade disclosed in notes.

Shareholding & capital structure

• Public shareholding dominates; 98%+ dematerialised by 31 Mar 2026.
• Dividend history: no dividend in last 10 years.

Outlook & risks

• Outlook tied to CIRP outcome and regulatory development; cyber risk and governance exposure key.

Book closure for AGM

• Book closure from Sep 15, 2026 to Sep 21, 2026 (both days inclusive) for AGM.
• Purpose: Annual General Meeting.

CIRP status and results

• NCLT initiated CIRP against PSIT Infrastructure and Services Limited on 29 Apr 2026.
• IRP appointed; later confirmed as RP in first meeting on 25 May 2026.
• IRP authorized for issue; results prepared under Ind AS 34.
• Board powers and KMP ceased; IRP to exercise powers per NCLT order.
• Audit review notes no material misstatement; scope limited versus audit.