Board Meeting12 Aug 2026, 07:30 pm
3i Infotech Board Meeting: Director Nominations & AGM Agenda
AI Summary
3i Infotech Ltd held a Board Meeting on August 12, 2026, to discuss director nominations for the upcoming AGM. The Board received 12 candidatures for Non-Executive Director positions. Due to potential breaches of board size limits and compliance requirements, these nominations will be evaluated by the Nomination and Remuneration Committee (NRC) before being presented to shareholders via postal ballot or EGM. The Board also addressed a special notice for the removal of a director and concerns regarding the optimal board size and its administrative implications.
Key Highlights
- Board considered 12 director candidatures for the upcoming AGM.
- Nominations require shareholder approval for board size increase.
- NRC to evaluate candidates for legal and 'Fit and Proper' criteria.
- Director removal notice added as an additional AGM business item.
- Board size and administrative costs were discussed.
Price Impact
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