Infronics Systems Ltd

Infronics Systems Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026. The board also took note of the statement on the impact of audit qualifications. Additionally, Mr. Arihant Jain was appointed as Company Secretary, Key Managerial Personnel, and Compliance Officer, effective May 31, 2026. M/s. N R G & Co., Chartered Accountants, were appointed as the Internal Auditor of the Company.

Infronics Systems Ltd has appointed M/s. N R G & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors at their meeting held on May 29, 2026, based on the recommendation of the Audit Committee. M/s N R G & Co. was established in 2011 and has four partners with over 15 years of collective experience.

Infronics Systems Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026. The board also took note of the statement on the impact of audit qualifications. Mr. Arihant Jain was appointed as Company Secretary, Key Managerial Personnel, and Compliance Officer, effective May 31, 2026. M/s. N R G & Co., Chartered Accountants, was appointed as the Internal Auditor of the Company. The meeting concluded at 07:45 PM on May 29, 2026.

Infronics Systems Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's shares by designated persons will remain closed from April 01, 2026, until 48 hours post the declaration of the audited financial results.

Infronics Systems Ltd has announced the closure of its trading window for all Directors, Officers, Designated Persons, and their Immediate Relatives. The closure will begin on Wednesday, April 01, 2026, and will remain in effect for 48 hours after the declaration of the Audited Financial Results for the quarter and year ended March 31, 2026. The date of the Board Meeting to consider and approve the Audited Financial Results will be announced separately. This action is taken in accordance with the Code of Conduct for regulating, monitoring, and reporting insider trading in the securities of the Company under SEBI (Prohibition of Insider Trading) Regulation, 2015.

Infronics Systems Limited has addressed a clarification sought regarding significant movement in the price of its shares. The company assured compliance with SEBI (LODR) Regulations, 2015, and stated that there is no undisclosed or price sensitive information that could influence the share price. The movement is attributed to market conditions, and the company will continue to inform exchanges of all material events as required.

Infronics Systems Ltd has reported its un-audited financial results for the quarter and nine months ended December 31, 2025. The company's revenue recognition is based on Indian Accounting Standard 34 (Ind AS 34) and other accounting principles generally accepted in India. The results were reviewed by R.SUBRAMANIAN AND COMPANY LLP, who issued a limited review report. The report includes a qualified conclusion due to a disputed demand of Rs. 12,05,23,699 from M/s Mudunuru Limited. The company has denied any liability and obtained a legal opinion supporting its position. The major contract with BSNL has concluded, and the company is not currently generating any revenue. The auditor has indicated a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.

Infronics Systems Ltd, a company based in Hyderabad, Telangana, India, announced its un-audited financial results for the quarter and nine months ended December 31, 2025. The meeting, held on February 14, 2026, was conducted in accordance with the SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015. The company reported a notice of demand from M/s Mudunuru Limited, which is disputed. The company's major contract with BSNL has concluded, and no current revenue is being generated. Despite these challenges, the board approved the financial results.

Infronics Systems Ltd has announced that its Board of Directors will meet on February 14, 2026, to consider and approve the Un-Audited Financial Results for the quarter ended December 31, 2025. The Trading Window for dealing in the shares of the company by all designated persons has been closed from January 01, 2026, till 48 hours post declaration of the Un-Audited Financial Results i.e. up to February 16, 2026.

Infronics Systems Ltd. has received a criminal complaint resulting in a debit freeze on two of its bank accounts, including one with Axis Bank and another with ICICI Bank. The freeze, imposed by the respective banks, restricts the company's access to its funds for routine business transactions, potentially causing temporary cash flow constraints. The exact financial impact is yet to be quantified, and no financial liability has been determined or crystallized against the company as of now. The company is taking necessary steps to seek appropriate relief based on further communications and directions from the authorities.