Management Change29 Jul 2026, 05:21 pm
Ivalue Infosolutions CEO Resigns; Board Approves Financials, ESOP Allotment
AI Summary
Ivalue Infosolutions Limited has announced the resignation of its Chief Executive Officer, Mr. Shrikant Manohar Shitole, effective July 31, 2026. The company's Board of Directors, in a meeting held on July 29, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Additionally, the Board reappointed M/s. S G S K & Company as Internal Auditors for FY 2026-27 and approved the allotment of 1,23,280 equity shares under the iValue Employee Stock Option Plan 2024. This allotment increases the company's paid-up share capital.
Key Highlights
- CEO Shrikant Manohar Shitole resigns, effective July 31, 2026.
- Unaudited financial results for Q1 FY27 approved by the Board.
- Internal auditors reappointed for FY 2026-27.
- 1,23,280 ESOPs allotted, increasing paid-up share capital.
- Board meeting also reviewed limited review report and financial disclosures.
Price Impact
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