Intrasoft Technologies Announces 31st AGM and Subsidiary Merger

Intrasoft Technologies Limited will hold its 31st Annual General Meeting on September 29, 2026, at 3:00 P.M. via Video Conference. Shareholders will vote on the adoption of FY26 financial results and the merger of One Two Three Greetings (India) Private Limited.

Reader Takeaway: The proposed amalgamation streamlines the company's structure without issuing new shares to external shareholders.

What just happened

The company has formally notified shareholders of the upcoming AGM to be conducted via Video Conference and Other Audio Visual Means. Beyond standard annual business—such as the adoption of standalone and consolidated financial statements and the re-appointment of Mr. Arvind Kajaria as Director—the agenda features a special resolution for a Scheme of Amalgamation. Under this plan, the wholly-owned subsidiary, One Two Three Greetings (India) Private Limited, will merge into Intrasoft Technologies Limited with an appointed date of April 1, 2025.

Why this matters

The merger is designed to eliminate operational overlaps and leverage combined business strengths. Because the transferor entity is already a wholly-owned subsidiary, the move involves no new share issuance, maintaining the current shareholding structure. The process is being conducted via the fast-track route under Section 233 of the Companies Act, 2013.

Important Dates for Shareholders

• Book Closure: September 23, 2026, to September 29, 2026.
• E-voting Eligibility Cut-off: September 22, 2026.
• Remote E-voting Window: Opens September 26, 2026, at 9:00 A.M.; Closes September 28, 2026, at 5:00 P.M.

What to track next

The final implementation of the merger remains subject to regulatory approvals from the National Company Law Tribunal or the relevant Regional Director. Shareholders should note that Mr. Jayesh Shah of Rathi & Associates has been appointed as the scrutinizer for the e-voting process.