Indian Infotech Appoints New Director, Auditors, Approves Financials
Indian Infotech & Software Ltd announced several key decisions following a Board of Directors meeting on September 5, 2026. The company approved the appointment of Heneel Shah & Associates as Internal Auditor for three financial years and M/s. SSRV and Associates as Statutory Auditor for a five-year term. Ms. Shilpi Chourasiya was recommended for re-appointment as Director. Mr. Yatin Vilas Chaphekar was approved as an Independent Director, effective October 1, 2026, subject to member approval. The board also approved proposals to increase investment limits to ₹500 crores and borrowing power to ₹500 crores, pending shareholder approval. Material related party transactions up to ₹250 crores were also approved for shareholder consent. The meeting concluded with the adoption of the Annual Report for FY 2025-26 and preparations for the 44th Annual General Meeting.
Key Highlights
- Appointed new Internal and Statutory Auditors.
- Recommended re-appointment of Ms. Shilpi Chourasiya as Director.
- Approved Mr. Yatin Vilas Chaphekar as Independent Director.
- Proposed increase in investment and borrowing limits.
- Adopted FY26 Annual Report and prepared for AGM.
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