InfoBeans Technologies Limited — Board/Management Information 2021

Jan 25, 2021

Regd. Office: SEZ Unit : Crystal IT Park, STP-I, 2nd Floor, Ring Road, Indore - 452 001 (M.P.) India T: +91 731 7162000

PUNE: Unit 101-C, Level 1, Delta -1, Giga Space IT Park, Viman Nagar, Pune - 411014 (M.H.), India T: +91 20 67211838

Date: 25^th January, 2021

To, 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 04/2020-21 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, 25^th January, 2021 commenced at 09:00 A.M. and concluded at 11:05 A.M. and following business were transacted at the meeting:-

• Consider and approve the Audited Financial Results of the company for the third quarter ended on 31st December, 2021.

• Approve the re-appointment of Mr. Siddharth Sethi as Managing Director of the company

This is for your information and record. Thanking you, Yours Faithfully,

For InfoBeans Technologies Ltd

INDORE Surbhi Jain

Company Secretary and Compliance Officer

InfoBeans Technologies Limited (Formerly known as InfoBeans Systems India Private Limited)

Brief Profile of the Director to be re-appointed

Age	46 years
Qualifications	Graduate in Electrical Engineering from SGSITS, Indore, India and an MBA from IIM, Indore
Experience	20 years
Conditions Terms And appointment re- or appointment	of $(i)$ Tenure of this appointment shall be five years with effect 18th February, 2021. (ii) The Managing Director of the Company is the whole time Director of the Company and shall not be liable to retire by rotation. iii) The Managing Director shall be entitled to such other privileges, allowance, facilities and amenities in accordance with rules and regulations as may be applicable to other employees of the Company and as may be decided by the Board, within the overall limits prescribed under the Act. iv) Managing Director will cease to be Director on cessation of his employment with the Company. (v) The appointment shall be governed by section 196, 197, 203 read with Schedule V of the Companies Act, 2013 and rules made thereunder.
Date of first appointment on the Board	March 18th, 2011
No. of shares held	6001200 shares
Relationship with Directors, Managers & KMP	Nil
Other Directorships	GullyBuy Software Private Ltd
Chairman/ Member of the Committees of the Boards of other Companies	Member- Corporate Social Responsibility Committee