IB Infotech Enterprises Ltd Announces 1:10 Equity Share Sub-division

IB Infotech Enterprises Ltd, at their Board of Directors meeting on 31st March 2026, transacted the following businesses: 1. Approval of Proposal for Sub-division of Shares: The Board approved the sub-division of 1 (one) equity share of face value of Rs. 10/- each fully paid-up into 10 (ten) equity shares of face value of Re. 1/- each fully paid-up. 2. Considered and recommended amendment to Capital Clause of Memorandum of Association: The Board approved the proposal to alter Clause V of the Memorandum of Association to reflect the change in the share capital. 3. Considered and recommended adoption of new set of Articles of Association: The Board approved the proposal to adopt new set of Articles of Association of the Company as per Companies Act, 2013. The corporate action is expected to be completed on or before 31st May, 2026, subject to necessary approvals.