InfoBeans Technologies Ltd, a prominent player in the tech and IT services sector, has informed the stock exchanges about a scheduled Board Meeting on 2nd May 2025, Friday, at 2:00 PM through video conferencing. The purpose of the meeting is to discuss a range of important matters, which include the audited financial results for both standalone and consolidated entities for the year ended 31st March 2025.

The key agenda items of the upcoming board meeting are as follows:

1. Audited Standalone Financial Results for the fourth quarter and the entire year ended 31st March 2025. These results will give insight into the company’s performance over the last financial year, reflecting the company's growth, challenges, and profitability.

2. Audited Consolidated Financial Results for the same period, which will provide a comprehensive view of the company’s performance, including its subsidiaries and joint ventures.

3. Allotment of Equity Shares upon the exercise of ESOPs (Employee Stock Ownership Plans). This is an important decision as it affects both the shareholding structure and the incentives for the company’s employees.

4. Recommendation of Final Dividend, if any, on the Equity Shares for the year ended 31st March 2025. The board will deliberate on whether to reward shareholders with a dividend, reflecting the company’s profitability and fiscal health.

5. Merger Proposal between InfoBeans CloudTech Ltd (a wholly-owned subsidiary, referred to as the Transferor Company) and InfoBeans Technologies Ltd (the Transferee Company). This merger represents a significant step in the company’s strategy to streamline operations and focus on core business areas.

This Board Meeting Notice is in compliance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's governance team has made the required disclosures to both the National Stock Exchange of India (NSE) and BSE Ltd. under the respective scrip codes for the companies.

The outcome of the meeting is expected to provide clarity on the company’s financial health, future growth strategy, and shareholder benefits, including any final dividend recommendations. The decision to merge InfoBeans CloudTech Ltd with InfoBeans Technologies Ltd is likely to be a key highlight, signaling a stronger and more cohesive business structure.

Investors and stakeholders will closely monitor the final dividend announcement, which is often a reflection of the company's cash flow, profitability, and its ability to distribute earnings to its shareholders.

This information has been disclosed in compliance with the SEBI (LODR) regulations to ensure full transparency and maintain corporate governance standards.

The company secretary and compliance officer, Surbhi Jain, signed off on the communication, emphasizing the company's commitment to keeping the investors and stakeholders informed about important corporate decisions. The details of the meeting and its resolutions will be promptly shared with the stock exchanges and made available on the company’s official website after the conclusion of the meeting.

The Upcoming IPOs in this week and coming weeks are  Wagons Learning, Srigee DLM, Manoj Jewellers.

The Current active IPO are Kenrik Industries,Arunaya Organics, Ather Energy, Iware Supplychain Services.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.