StockWatch
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Computers Hardware & Equipments
Board Meeting29 Jul 2026, 05:30 pm

Ivalue Infosolutions Reappoints Internal Auditor, Approves ESOP Allotment

AI Summary

Ivalue Infosolutions Limited announced several key decisions following its Board of Directors meeting on July 29, 2026. The company reappointed M/s S G S K & Company as its Internal Auditors for FY 2026-27. Additionally, the Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. A significant corporate action involved the allotment of 1,23,280 equity shares under the iValue Employee Stock Option Plan 2024, leading to an increase in the company's paid-up share capital. The meeting also noted the resignation of Mr. Shrikanth Manohar Shitole as Chief Executive Officer, effective July 31, 2026. The financial results will be published in newspapers and made available on the company's investor relations website.

Key Highlights

  • Internal auditors M/s S G S K & Company reappointed for FY 2026-27.
  • Unaudited financial results for Q1 FY27 approved.
  • 1,23,280 ESOPs allotted, increasing paid-up share capital.
  • CEO Mr. Shrikanth Manohar Shitole resigns, effective July 31, 2026.
  • Limited review report for Q1 FY27 results enclosed.