PFL Infotech Ltd. Approves Reduction of Paid-Up Share Capital and Shifting of Registered Office

PFL Infotech Ltd. announced that its Board of Directors approved the reduction of paid-up share capital by setting off a portion of accumulated losses against the paid-up capital. The reduction will result in the issued, subscribed, and fully paid-up share capital being reduced from Rs. 7,47,81,000 to Rs. 7,47,810, with every shareholder receiving 1 Equity Share in lieu of every 100 Equity Shares held earlier. Additionally, the Board approved the shifting of the company's registered office from Telangana to Maharashtra, subject to necessary approvals. The Extraordinary General Meeting will be held on April 30, 2026, through Video Conferencing or Other Audio Visual Means, with the Register of Members and Share Transfer Books closing from April 27 to April 29, 2026. Mr. Soma Sekhar Marthi has been appointed as the Scrutinizer for e-voting.