PS IT Infrastructure & Services Limited

PS IT Infrastructure & Services Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda for this meeting is to consider and approve the unaudited financial results for the first quarter, which ended on June 30, 2026. This announcement is made in compliance with SEBI LODR Regulations, 2015, providing information to the company's members.

PS IT Infrastructure & Services Ltd has announced the closure of its trading window for specified persons, including employees, directors, and promoters. This closure is in compliance with SEBI (Insider Trading) Regulations, 2018, and is effective from July 1, 2026. The trading window will reopen 48 hours after the declaration of the company's un-audited financial results for the first quarter ended June 30, 2026, for the financial year ending March 31, 2027. All connected persons are advised not to trade in the company's securities during this period.

PS IT Infrastructure & Services Ltd has released a provisional list of prospective resolution applicants as per the Insolvency and Bankruptcy Board of India regulations. The list, dated June 22, 2026, follows a Form-G published on May 30, 2026, with the Expression of Interest (EOI) submission deadline on June 15, 2026. Out of eleven applicants, two were rejected: Ambica Cotseeds Limited for not meeting net-worth criteria and Globaledge Dynamics Private Limited and Standard Capital Market Limited for non-receipt of EMD by the due date. The remaining nine applicants are currently under verification for eligibility under Section 29A of the Insolvency and Bankruptcy Code. Further submissions are due by June 27, 2026, with objections also to be submitted by the same date.

PS IT Infrastructure & Services Ltd announced the resignation of its Chief Financial Officer (CFO), Mr. Rajesh Baliram Patole. The resignation was accepted by the Resolution Professional with the approval of the Committee of Creditors (CoC) in a meeting held on June 4, 2026. The reasons cited for the resignation include the initiation of the Corporate Insolvency Resolution Process (CIRP) and personal circumstances. Mr. Patole's resignation is effective from May 23, 2026. The company stated that a smooth transition of responsibilities will be ensured.

PS IT Infrastructure & Services Limited announced the outcome of its 2nd Committee of Creditors (CoC) meeting held on June 4, 2026. Key decisions included the acceptance of the resignation of CFO, Mr. Rajesh Baliram Patole, and the approval of interim finance for 180 days. Additionally, the meeting approved the ratification of amendments in the Expression of Interest (EOI) and Form-G. This disclosure is made in compliance with the Insolvency and Bankruptcy Code, 2016, and SEBI regulations.

PS IT Infrastructure & Services Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has issued a notice for its second Committee of Creditors (CoC) meeting. The meeting is scheduled for June 4, 2026, in a hybrid format to discuss agenda items, proposed resolutions, and explanatory statements as per the Insolvency and Bankruptcy Code, 2016.

The first meeting of the Committee of Creditors (CoC) for PS IT Infrastructure & Services Limited was held on May 25, 2026. The CoC was duly constituted, and its members were informed. Resolutions were passed via e-voting, including the appointment of Rajneesh Kumar Aggarwal as the Resolution Professional, ratification of IRP/RP remuneration, approval of CIRP costs and estimated monthly expenses, and the appointment of legal counsel and registered valuers. A transaction auditor was appointed for forensic audit with a lookback period from April 1, 2024, to April 29, 2026. The invitation for Expression of Interest (EOI) was approved, and the RP was authorized to publish Form G.

PS IT Infrastructure & Services Ltd has announced its audited financial results for the year ended March 31, 2026. The announcement, made in compliance with SEBI (LODR) Regulations, 2015, includes the audited financial results, statement of assets & liabilities, and cash flow statement. The auditor's report has an unmodified opinion. The board meeting to approve the results commenced at 14:30 Hrs and concluded at 15:50 Hrs.

PS IT Infrastructure & Services Ltd has announced that the Board of Directors meeting, previously scheduled for May 26, 2026, has been adjourned and rescheduled to May 30, 2026. The meeting aims to consider and approve the Audited Financial Results for the fourth quarter and the financial year ended March 31, 2026. This information is in compliance with Regulation 29 of SEBI LODR Regulations, 2015.

PS IT Infrastructure & Services Ltd has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the NCLT, Mumbai bench, following a default in loan and interest payments. Mr. Rajneesh Kumar Aggarwal has been appointed as the Interim Resolution Professional (IRP). The application was filed by Golden Medows Export Private Limited, a financial creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016. The total default amount claimed is ₹3,10,02,122 as of September 30, 2025, which includes ₹2,90,00,000 in principal from an Inter Corporate Deposit and ₹20,02,122 in interest.