
Infobeans Technologies Ltd Clarifies Incorrect News on 'Whalesbook' Platform
Infobeans Technologies Ltd has issued a clarification regarding certain news items published on the ‘Whalesbook’ platform. The news items titled ‘InfoBeans Sells 2 Subsidiaries, Names New Whole-Time Director’ and ‘InfoBeans Sets April 1 Trading Halt for FY26 Results’ are factually incorrect and misleading. The company has not made any disclosure regarding the sale of subsidiaries for the mentioned consideration. Furthermore, the statement regarding a ‘trading halt’ is incorrect. The company follows applicable regulatory requirements with respect to trading window closure under the SEBI (Prohibition of Insider Trading) Regulations, 2015, and not any ‘trading halt’ as mentioned in the article. All material information/events that require disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 are duly disclosed to the Stock Exchanges in a timely manner.
Key Highlights
- Infobeans Technologies Ltd has clarified incorrect news published on the ‘Whalesbook’ platform
- The news items regarding the sale of subsidiaries and trading halt are factually incorrect
- The company follows applicable regulatory requirements with respect to trading window closure
- All material information is duly disclosed to the Stock Exchanges in a timely manner