Indian Infotech And Software Ltd. — Capital/Financing Update 2025

Jan 29, 2025

CIN-L70100MH1982PLC027198 www.indianinfotechandsoftwareltd.in

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Date: 29[th] January, 2025

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

Scrip Code – 509051

Subject: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) - Regulation 2015 Outcome of Board Meeting held on 29[th] January, 2025.

We wish to inform you that the meeting of the Board of Directors of Indian Infotech & Software Limited held at on today Wednesday i.e. 29[th] January, 2025 at the registered office of the company, the board discuss the following matters:

1. The Board took on records the Valuation Report of equity shares of the Company issued by Bhavesh M Rathod Registered Valuer - Securities or Financial Assets (Reg. No: IBBI/RV/06/2019/10708) and Certificates required for preferential issue under Chapter – V of SEBI (ICDR) Regulations issued by Practicing Company Secretary & Practicing Chartered Accountant with regards to the proposed Preferential Issue.

2. "The Board of Directors has approved the final fundraising through a preferential issue, aggregating to Rs. 42,14,00,000/- (Rupees Forty-Two Crore Fourteen Lakh only), through the issue and allotment of up to 30,10,00,000 (Thirty Crore Ten Lakh) Warrants, each having a face value of Re. 1/- (Rupee One Only). Each warrant will be convertible into equity shares, with the right to exercise the warrant(s) at a price of Rs. 1.40/- per warrant (inclusive of both the warrant subscription price and the warrant exercise price). This price has been determined in accordance with the applicable provisions of Chapter V of the SEBI (ICDR) Regulations, 2018, as amended.

The issue will be subject to the approval of the shareholders at an Extraordinary General Meeting (EGM) and, if required, the approval of the relevant regulatory authorities in accordance with SEBI (ICDR) Regulations and other applicable laws."

The details as required under SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July, 2023 with respect to issuance of securities is enclosed as Annexure - A.

The list of proposed allottees is enclosed as Annexure – I.

1. The Board has approved the Notice of Extra Ordinary General Meeting which will be held through Video Conferencing (VC)/AOVM;

2. The Board has appointed Mr. Brajesh Gupta, Practicing Company Secretary (ACS 33070; CP No. 21306), Proprietor of M/s Brajesh Gupta & co, Practicing Company Secretaries as Scrutinizer to conduct the e-voting process in fair and transparent manner.

Further, pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for all Directors, Designated Persons, their immediate relatives, and specified Connected Persons is already closed as per our trading window closure intimation dated 26th December 2024 effective from 01st January, 2025 to until forty-eight (48) hours after the announcement of Financial results of December, 2024 Quarter by the Company.

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

CIN-L70100MH1982PLC027198 www.indianinfotechandsoftwareltd.in

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The meeting of the Board of Directors commenced at 6:30 P.M. and concluded at 8:45 P.M.

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

Thanking You. Yours Faithfully For Indian Infotech & Software Limited

ANANT CHOURASIA Digitally signed by ANANT CHOURASIA Date: 2025.01.29 20:56:37 +05'30'

Anant Chourasia Managing Director DIN: 09305661

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

CIN-L70100MH1982PLC027198 www.indianinfotechandsoftwareltd.in

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ANNEXURE A

Sr. No	Particulars	Details
1.	Outcome of the Subscription, type of issue, type of securities and total number of securities	Warrants (Convertible in to Equity shares)
2.	Issue Price / Allotted Price (in case of Convertible Equity Share Warrants) ;	The warrants will be allotted at a price Rs. 1.40/- each (which includes premium of Rs. 0.40/- per warrant) The warrants allotted can be converted into equal number of fully paid up equity shares upon receipt of the balance amount within the stipulated time i.e. 18 months from the date of allotment of Warrants.
3.	Issue Size and Number Securities proposed to be issue	Up to Rs. 42,14,00,000/- (Rupees Forty- Two Crore Fourteen Lakh only). By Issue and allotment of Up to 30,10,00,000 (Thirty Crore Ten Lakh) Warrants.
4.	Number of Investors	Annexure 1(list ofproposed allottees)
5.	In case of convertibles -intimation on conversion of securities or on lapse of the tenure of the instrument	NA
6.	any cancellation or termination of proposal for issuance of securities including reasons thereof.	NA

For Indian Infotech & Software Limited

ANANT Digitally signed by ANANT CHOURASIA CHOURASIA Date: 2025.01.29 20:57:12 +05'30' Anant Chourasia Managing Director DIN: 09305661

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

CIN-L70100MH1982PLC027198 www.indianinfotechandsoftwareltd.in

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Annexure-1

Sr. No	Name of the Investor	Category	Type of Securities	No of securities
1.	Wessel ConsultancyPvt Ltd	Non - Promoter	Warrants	2,98,00,000
2.	Mala	Non - Promoter	Warrants	2,98,00,000
3.	Prafful Agarwal	Non - Promoter	Warrants	2,68,00,000
4.	Ashok Kumar Agarwal	Non - Promoter	Warrants	1,38,00,000
5	Archana Agarwal	Non - Promoter	Warrants	98,00,000
6.	Mahir Sarju Desai	Non - Promoter	Warrants	1,30,00,000
7.	Aakash Kapil	Non - Promoter	Warrants	98,00,000
8.	Amit Verma	Non - Promoter	Warrants	98,00,000
9.	Garima Verma	Non - Promoter	Warrants	98,00,000
10.	SandeepKumarJain	Non - Promoter	Warrants	60,00,000
11.	GracyNegi	Non - Promoter	Warrants	48,00,000
12.	Reeta Datta	Non - Promoter	Warrants	48,00,000
13.	Rahul Kumar Kacchal HUF	Non - Promoter	Warrants	40,00,000
14.	Divya Kacchal	Non - Promoter	Warrants	40,00,000
15.	Tasvvuar	Non - Promoter	Warrants	35,00,000
16.	Aabad	Non - Promoter	Warrants	35,00,000
17.	Sonali Agarwal	Non - Promoter	Warrants	30,00,000
18.	Kavita Monga	Non - Promoter	Warrants	30,00,000
19.	Amisha Amit Doshi	Non - Promoter	Warrants	30,00,000
20.	Rohini Agarwal	Non - Promoter	Warrants	20,00,000
21.	Muskan Aggarwal	Non - Promoter	Warrants	15,00,000
22.	Ritik Aggarwal	Non - Promoter	Warrants	15,00,000
23.	Girish Kumar Aggarwal	Non - Promoter	Warrants	10,00,000
24.	Suruchi	Non - Promoter	Warrants	10,00,000
25.	ParulJain	Non - Promoter	Warrants	10,00,000
26.	Suman Gholap	Non - Promoter	Warrants	5,00,000
27.	Abhilasha Chaudhary	Non - Promoter	Warrants	5,00,000
28	Generosity Share Trading Private Limited	Promoter	Warrants	10,00,00,000
	TOTAL			30,10,00,000

For Indian Infotech & Software Limited

ANANT Digitally signed by ANANT CHOURASIA CHOURASIA Date: 2025.01.29 20:57:28 +05'30' Anant Chourasia Managing Director DIN: 09305661

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