3i Infotech Ltd - 532628 - This Is To Inform You That 3I Infotech Inc., USA, The Company'S Material Wholly Owned Step-Down Subsidiary ('US Subsidiary'), Has Received Sales And Use Tax Audit Notice Of Assessment From Pennsylvania Department Of Revenue, Imposing Penalty Amounting USD 250,150.09 (Approximately Rs. 2.36 Crores). This Assessment Is Related To Sales And Use Tax Audit Conducted For The Period Starting From June 30, 2022 To June 30, 2025.
US Subsidiary Is Currently In The Process Of Evaluating The Matter, Including Filing Of An Appeal Against The Said Assessment Notice.
The Aforesaid Notice Was Received By The US Subsidiary On May 8, 2026, At 1.02 P.M. (IST).
Requisite Details As Per SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 Dated January 30, 2026, Is Enclosed Herewith As 'Annexure A'.
You Are Requested To Take The Same On Record.
3i Infotech's US subsidiary received a tax assessment notice from the Pennsylvania Department of Revenue for sales and use tax. The total assessment, including penalty and interest, amounts to Rs.10.24 crores (USD 1.23 million) for the period June 2022 to June 2025. The subsidiary is evaluating filing an appeal.
May 08 2026 23:05:00
3i Infotech Ltd - 532628 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
3i Infotech released its Q4 FY26 and full year FY26 consolidated financial results. For FY26, PAT grew 38.5% YoY to Rs.35.1 crore and EBITDA increased 53.3% to Rs.72.0 crore, driven by improved operational efficiency. Q4 FY26 saw revenue of Rs.175.7 crore and PAT of Rs.7.3 crore, maintaining growth momentum.
May 08 2026 22:05:00
3i Infotech Ltd - 532628 - Closure Of 3I Infotech Netherlands B.V., Stepdown Wholly Owned Subsidiary.
3i Infotech Ltd's consolidated FY26 financial results received a modified audit opinion. This includes an adverse opinion on its Dubai subsidiary due to an inability to confirm recoverability of related-party dues totaling AED 416.24 million, raising significant doubt about the subsidiary's ability to continue as a going concern.
May 08 2026 21:05:00
3i Infotech Ltd - 532628 - Incorporation Of Step-Down Wholly Owned Subsidiary In Thailand
3i Infotech's consolidated FY26 financial results received a modified audit opinion. Auditors flagged material uncertainties regarding going concern for subsidiaries and raised concerns about unrecoverable related party dues. A forensic audit also revealed criminal offenses by the former MD & CEO, leading to police and SEBI complaints.
May 08 2026 21:05:00
3i Infotech Ltd - 532628 - Recommendation To The Company'S Shareholders For Approval Of Modification In Employee Stock Option Scheme 2023
3i Infotech has filed criminal complaints with police and SEBI against its former MDs. This follows a forensic audit that found multiple criminal offenses. The company's consolidated FY26 financial results received a modified audit opinion, citing legacy issues and concerns about a subsidiary's going concern status.
May 08 2026 21:05:00
3i Infotech Ltd - 532628 - Board Meeting Outcome for Board Meeting Outcome For Outcome Of The Board Meeting Held On May 08, 2026
3i Infotech's Board approved Q4 & FY26 results with adverse and qualified audit opinions on consolidated financials. Auditors cited going concern risks in key subsidiaries and AED 416 million in unrecoverable related party dues. Additionally, Mr. Anand Savla was appointed Business Head AAA, and a Netherlands subsidiary closure approved.
May 08 2026 20:05:00
3i Infotech Limited
3i Infotech Ltd announced a deferment in the utilization of Rs. 8.25 crore from its Rights Issue proceeds. The Board approved delaying the deployment of these funds from March 31, 2026, to September 30, 2026, due to operational reasons, with no change in the objects of the issue.
Apr 30 2026 16:04:00
3i Infotech Ltd - 532628 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Deferment Of Schedule Of Implementation And Deployment Of Funds Raised Through Rights Issue
3i Infotech has deferred the deployment of Rs. 8.25 crore, a portion of the funds raised through its Rights Issue. The delay until September 30, 2026, is attributed to operational reasons and impacts funds earmarked for working capital and general corporate purposes.
Apr 30 2026 16:04:00
3i Infotech Ltd - 532628 - Board Meeting Intimation for Intimation Of Board Meeting
3I Infotech board will convene on May 8, 2026, to review and approve its audited financial results for the financial year ended March 31, 2026. This meeting will finalize the company's annual financial performance.
Apr 29 2026 11:04:00
3i Infotech Limited
3i Infotech's Singapore subsidiary received an arbitration order on April 21, 2026, concerning a contractual breach with Bao Minh Insurance, leading to a potential liability of approximately USD 382,850. The subsidiary plans to dispute the order and seek indemnification from Azentio Software Private Limited.
Apr 22 2026 11:04:00
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