Indian Infotech And Software Ltd. — Capital/Financing Update 2024

Feb 23, 2024

CIN-L70100MH1982PLC027198 www.indianinfotechandsoftwareltd.in

==> picture [251 x 51] intentionally omitted <==

Date: 23rd February, 2024

To, BSE Ltd. Regd. Office: Floor - 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001.

Scrip Code – 509051

Sub: Outcome of Board Meeting held today i.e. on Friday, 23rd February, 2024

Ref.: Regulation 30 and 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

With reference to the captioned subject and in furtherance of the meeting of the Board of Directors held on 23rd February, 2024, this is to inform you that pursuant to the approval received for finalizing the basis of allotment from BSE Limited (Designated Stock Exchange) on 22nd February, 2024, the Board of Directors of the Company in their meeting held on 23rd February, 2024 has allotted 26,14,53,270 equity shares face value of Re. 01.00 each at a price of Re. 01.60 per share (including premium of Rs. Re. 0.60/- per share) on rights basis to the eligible existing equity shareholders of the Company as on the record date i.e January 29, 2024 and to the valid renouncees whose applications were valid.

Please take the same on your record and acknowledge the receipt of the same.

Thanking You,

Time of Commencement of the Board Meeting: 01:00 P.M. IST

Time of conclusion of the Board Meeting: 01:30 P.M. IST

For Indian Infotech & Software Limited

Digitally signed by MANISH KUMAR MANISH KUMAR BADOLA BADOLA Date: 2024.02.23 13:40:24 +05'30'

Manish Badola Managing Director DIN: 05016172

Regd Off: 110, 1[ST] Floor, Golden Chamber Pre CO-OP Soc Ltd. New Link Road Andheri (W) Mumbai 400053 Email ID: indianinfotechsoftware@yahoo.com; Website: https://indianinfotechandsoftwareltd.in Tel. No. 022 - 49601435