Filter announcements
Loading...
Incorporated in 1993, 3i Infotech Ltd provides information technology services and software solutions
Company filed a fraud complaint exceeding ₹128 Cr, which police deemed a civil matter. Impact on financials is currently unknown. The company is obtaining legal opinion to determine its next course of action.
3i Infotech's complaint to the Economic Offence Wing was deemed civil, not criminal. This shifts resolution to civil courts. The company is now seeking legal opinion to determine its next course of action.
Company wins tax appeal, deleting ₹34.38 Cr Transfer Pricing adjustment. This has no tax or cash flow impact but importantly preserves significant carried forward tax losses for the company.
Board approved financial results for the quarter. Sanjay Vatsa was appointed as a new director, while Ambarish Dasgupta retired. Venu Gopal Reddy became Senior Management Personnel. The company converted a Rs. 11.11 Cr loan to NuRe FutureTech into preference shares and infused Rs. 2 Cr fresh funds, totaling Rs. 13.11...
3i Infotech's FY24-25 Annual Report clinched the Gold Award and ranked 35th globally at the LACP Vision Awards for the third year. This recognition highlights the company's strong commitment to transparency and governance, signaling robust investor communication and potentially boosting investor trust.