InfoBeans Technologies Limited — Board/Management Information 2020

May 18, 2020

May, 2020

To, Date: 18th National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Subject: Outcome of the Board Meeting 1/2020-21 Reference : SM - INFOBEAN

Dear Sir/Madam,

With reference to above mentioned subject we would like to inform you that a meeting of the Board of Directors of InfoBeans Technologies Limited was held on the Monday, 18th May ,2020 commenced at 09:00 A.M. and concluded at 11:10 A.M. and following business transact at the meeting:-

• Consider and approve the Audited Financial Results of the company for the fourth quarter and year ended on 31st March, 2020.
• Consider and approve the appointment of Mrs. Shilpa Saboo as the Independent Director of the company for the second tenure of 05 years.
• Appointment of M/s M. Maheshwari & Associates as Secretarial Auditor of the company for the financial year 2020-21
• Appointment of M/s Jain Ritesh & Co., Chartered Accountants, as the Internal Auditor of the company for the financial year 2020-21

This is for your information and record.

Thanking you, Yours Faithfully,

For InfoBeans Technologies Ltd

Sd/- Surbhi Jain Company Secretary and Compliance Officer

Brief profile of the Independent Director

Name	Shilpa Saboo
Current Address	110 Retreat Irvine CA 926030681 US
Date of appointment	18th May, 2020(Subject to the confirmation in AGM)
Designation	Independent & Non-Executive Director
Qualification	MS(Industrial and system engineering) from University of SouthernCalifornia, Bachelor's degree from SGITS, Indore(M.P.)
Experience	Currently Workingwith Tech-Synergy(USA) as Director,worked withDKM Inc (USA)as Associate IT consultants. She has been volunteeringin various Elementary schools for math workshops and for specialcauses related to Children, Education and in the field of Science andTechnology.

Brief Profiles of the Secretarial Auditors

Name and Address of the Firm	M. Maheswari& Associates
	Company Secretaries
	301, Shalimar Corporate Centre
Head office	8B, South Tukoganj
	Indore (M.P.)
Phone numbers	Tel: (0731) 4068730
	Mobile: 9826040473
E-mail ID	mmaheshwarics@gmail.com
Constitution of the Firm	Proprietor -CS Manish Maheshwari

Professional Qualification

	LL.B.Govt. Arts & Commerce College (Devi Ahilya University), Indore	2000
	Company SecretaryInstitute of Company Secretaries of India, New Delhi.	1999
	M.Com.P.M.B. Gujarati Commerce College (Devi Ahilya University), Indore	1995
	B.Com.P.M.B. Gujarati Commerce College (Devi Ahilya University), Indore	1993

I am having working experience of about 22 years, of which 18 years have been as a Practicing Company Secretary. I participated and successfully completed Specialized Training in Export marketing with Govt. Of India, Ministry of Industry, Indore and other learning courses organized by various institutes. Besides these, I have been into Alternate Dispute Resolution, Arbitrator at National Stock Exchange Limited and BSE Limited.

Specialization and Field Of Interest

A Practicing Secretarial Professional, having more than Fifteen years' experience post qualification in Company Law matters, Accounts, Finance, MIS, Taxation, Capital Market and the following related matters.

• FCCB
• Preferential Issue, Bonus
• Merger, Takeover, Acquisition
• SME Issue
• Overall in-charge of Secretarial Work of all types of Companies.
• Liaison with BSE, NSE and Banks
• Liaison with the Offices of ROC, NCLT, RD, MCA, SEBI, RBI,
• Liaison with the Law Firms & Counsels.
• Finalization of Annual Accounts.

Brief Profiles of the Internal Auditors

Name and Address of the Firm	Jain Ritesh &Company
	Chartered Accountants
	202, Panama Tower,
Head office	75, Manoramaganj , Near Hotel Crown Palace
	Indore (M.P.)
Phone numbers	Tel: (0731) 2510588
	Mobile: 94250 55088 ,73894 02288
E-mail ID	cariteshijain@gmail.com
Registration No. (with ICAI)	012609C
Date of Formation of Firm	24/09/04
Constitution of the Firm	Partnership

Particulars of Fulltime Partners

Name of the Partner	Membership/Registration Number	Qualifications	Age in Years	Experience in Years
CA Ritesh Jain	077245	M.Com, FCA	45	22
CA Manish Jagwani	401546	B.Com, ACA	41	18

Details of Experience/Exposure of various assignments handled by the firm

Professional Area	Exposure /Experience
Audits	oStatutory Audit of various Companies comprising of manufacturing
	trading and service industries
	oInternal Audit of various entities
	oTax Audits of various companies, Firms, Cooperative Societies etc
	oAudit of Trusts, Charitable Institutions, Educational Institutions, Pvt.
	Ltd. Companies, firms, LLP etc.
	oStatutory audit of bank branches
Taxation	oVast experience in attending the appellate proceedings before Income Tax
	appellate authorities.
	oSpecial Expertise in attending the Income Tax Search proceedings and
	post assessment & Appellate proceedings.
	oIncomeTaxAssessmentproceedingsbeforealltheauthorities,
	preparation and filing of Income Tax , GST , Service Tax and other
	statutory returns.
Consultation	oConsultancy on Taxation and Company Law matter