PS IT Infrastructure & Services Limited

PS IT Infrastructure & Services Ltd has announced its 44th Annual General Meeting (AGM) scheduled for September 21, 2026, at 12:15 PM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with current regulations. The company has also made its Annual Report for the financial year 2025-26 available on its website. Notably, the National Company Law Tribunal (NCLT) initiated corporate insolvency resolution process (CIRP) on April 29, 2026, suspending the Board of Directors' powers, which are now exercised by the Resolution Professional (RP). The AGM will address ordinary business, including the adoption of audited financial statements and the re-appointment of a director.

PS IT Infrastructure & Services Ltd has announced a book closure period from September 15, 2026, to September 21, 2026, inclusive. This closure is for the purpose of the company's 43rd Annual General Meeting (AGM). During this period, the Register of Members and Share Transfer Books will remain closed. This action is in compliance with Regulation 42 of SEBI LODR Regulations, 2015, ensuring all necessary administrative procedures for the AGM are completed.

PS IT Infrastructure & Services Ltd has announced its unaudited financial results for the first quarter ended June 30, 2026. The company's board meeting to approve these results was held on August 13, 2026. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors. Notably, the company is undergoing insolvency proceedings, with an Interim Resolution Professional appointed by the NCLT, who has authorized the issue of these financial results.

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.