3i Infotech MD, chairman, board of directors and AGM
NSE: 3IINFOLTDBSE: 532628IT - SoftwareSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹21.19.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results and other business matters.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹420 Cr2,089th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 23 Jul 2026
- 12.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 8 May 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 23 Jul 2026
- 10.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 23 Jul 2026
- −6.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 8 May 2026
- 0.13
- Volume, NSEVolume. Shares traded on the last trading day.
- 3,08,747
3i Infotech board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonUTTAM PRAKASH AGARWAL
6 directors4 independent2 non-executive
- UTTAM PRAKASH AGARWAL · ChairpersonIndependent · joined Mar 2022 · reappointed Mar 2022 · 51 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 4 as chair
- AVTAR SINGH MONGAIndependent · joined Apr 2021 · reappointed Apr 2026 · 63 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
- ARUNA SHARMAIndependent · joined Feb 2022 · reappointed Mar 2025 · 15 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair
- MADAN BHALCHANDRA GOSAVIIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- UMESH MEHTANon-executive · joined Mar 2024 · reappointed Sep 2025 · 1 listed board
- AMBARISH DASGUPTANon-executive · joined Mar 2025 · reappointed Mar 2025 · 1 listed board · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- ZOHRA CHATTERJI, left 23 Mar 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 8 May 20266 of 6 present4 independent · 24 days in between
- 13 Apr 20266 of 6 present4 independent · 58 days in between
- 13 Feb 20266 of 6 present4 independent
Audit Committee
Chair UTTAM PRAKASH AGARWAL
AVTAR SINGH MONGA, ARUNA SHARMA, MADAN BHALCHANDRA GOSAVI
- 8 May 20264 of 4 present4 independent · 83 days in between
- 13 Feb 20264 of 4 present4 independent
Nomination and remuneration committee
Chair AVTAR SINGH MONGA
UTTAM PRAKASH AGARWAL, UMESH MEHTA
- 28 Apr 20263 of 3 present2 independent · 74 days in between
- 12 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair MADAN BHALCHANDRA GOSAVI
UTTAM PRAKASH AGARWAL, AMBARISH DASGUPTA
- 8 May 20263 of 3 present2 independent · 177 days in between
- 11 Nov 20253 of 3 present2 independent
Risk Management Committee
Chair UMESH MEHTA
UTTAM PRAKASH AGARWAL, AMBARISH DASGUPTA, RAJ KUMAR AHUJA
- 28 Apr 20263 of 3 present1 independent · 102 days in between
- 15 Jan 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair AMBARISH DASGUPTA
ARUNA SHARMA, MADAN BHALCHANDRA GOSAVI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s C K S P And Co LLPPeer-review certificate valid to Jan 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
3i Infotech AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.3i Infotech share news and announcements
Annual general meeting, 28 Aug 2026
2,38,212 shareholders on the register on 21 Aug 2026; present: 0 promoters and 80 others; votes counted by Prakash Shenoy / M/s. SAP & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: a.the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of Auditors and the Board of Directors thereon; and b.the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.MoreLess
OrdinaryNot passed48.78% for51.22% againstAgainst: promoters 0.00% · institutions 1.72% · other public 87.18%
Turnout: all 27.02% · promoters 0.00% · institutions 77.03% · other public 18.36%
- To take note of the retirement of Mr. Ambarish Dasgupta (DIN: 00160744), Director liable to retire by rotation, who has not offered himself for re-appointment, and to not fill the vacancy so created.Ordinary51.92% for48.08% against
Against: promoters 0.00% · institutions 0.00% · other public 85.02%
Turnout: all 26.17% · promoters 0.00% · institutions 77.03% · other public 17.36%
- To consider and approve the modification in the Employee Stock Option Plan 2023SpecialNot passed46.61% for53.39% against
Against: promoters 0.00% · institutions 1.72% · other public 90.45%
Turnout: all 27.22% · promoters 0.00% · institutions 77.03% · other public 18.60%
- To appoint Mr. Sanjay Vatsa (DIN: 05242096) as Non Independent Non-Executive Director of the Company, liable to retire by rotation.OrdinaryNot passed49.12% for50.88% against
Against: promoters 0.00% · institutions 0.00% · other public 87.40%
Turnout: all 27.21% · promoters 0.00% · institutions 77.03% · other public 18.59%
To consider the removal of Mr. Umesh Mehta (DIN: 09244647) as a Non-Executive Non-Independent Director of the Company, pursuant to the special notice received from a Member under Section 115 and 169 of the Companies Act, 2013 and applicable rules framed thereunder.MoreLess
Ordinary58.30% for41.70% againstAgainst: promoters 0.00% · institutions 99.89% · other public 8.11%
Turnout: all 25.01% · promoters 0.00% · institutions 62.00% · other public 18.60%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Mar 2026, 1 resolution
2,48,673 shareholders on the register on 20 Feb 2026; votes counted by Mr. Prakash Shenoy / M/s. SAP & Associates.The company's voting result (opens in a new tab)
- Re-appointment of Mr. Avtar Singh Monga (DIN: 00418477) as Non-executive Independent Director for second term commencing from April 1, 2026 to March 31, 2031Special97.74% for2.26% against
Against: institutions 1.79% · other public 13.87%
Turnout: all 11.36% · institutions 74.96% · other public 0.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 10 Sep 2025, 6 resolutions
2,53,989 shareholders on the register on 3 Sep 2025; present: 0 promoters and 80 others; votes counted by Prakash Shenoy / M/s. SAP & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon; and b.the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereon.MoreLess
Ordinary98.07% for1.93% againstAgainst: promoters 0.00% · institutions 1.85% · other public 2.92%
Turnout: all 14.52% · promoters 0.00% · institutions 77.07% · other public 1.40%
- To appoint a Director in place of Mr. Umesh Mehta (DIN:09244647), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.70% for0.30% against
Against: promoters 0.00% · institutions 0.00% · other public 3.73%
Turnout: all 14.52% · promoters 0.00% · institutions 77.07% · other public 1.40%
- To appoint M/s. C K S P & Co. LLP, Chartered Accountants, [FRN: 131228W/W100044] Statutory Auditors of the Company.Ordinary99.71% for0.29% against
Against: promoters 0.00% · institutions 0.00% · other public 3.62%
Turnout: all 14.52% · promoters 0.00% · institutions 77.07% · other public 1.40%
- To appoint M/s. SAP and Associates FRN P2020MH079800 as Secretarial Auditor of the company.Ordinary99.71% for0.29% against
Against: promoters 0.00% · institutions 0.00% · other public 3.63%
Turnout: all 14.52% · promoters 0.00% · institutions 77.07% · other public 1.40%
- To approve reduction in overall borrowing limits of the Company under Section 180 (1)(c) of the Companies Act, 2013Special99.73% for0.27% against
Against: promoters 0.00% · institutions 0.00% · other public 3.46%
Turnout: all 14.52% · promoters 0.00% · institutions 77.07% · other public 1.40%
- To approve reduction in the limit to create security against loan under Section 180 (1)(a) of the Companies Act, 2013Special99.72% for0.28% against
Against: promoters 0.00% · institutions 0.00% · other public 3.47%
Turnout: all 14.52% · promoters 0.00% · institutions 77.07% · other public 1.40%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 31 May 2025, 2 resolutions
2,60,138 shareholders on the register on 25 Apr 2025; votes counted by Prakash Shenoy / M/s. SAP & Associates.The company's voting result (opens in a new tab)
- Redesignation of Dr. Aruna Sharma as an Independent Director of the CompanySpecial97.59% for2.41% against
Against: promoters 0.00% · institutions 10.79% · other public 0.21%
Turnout: all 14.64% · promoters 0.00% · institutions 43.22% · other public 12.48%
- Appointment of Mr. Ambarish Dasgupta as a Non-Executive Director of the Company, liable to retire by rotationOrdinary99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 14.65% · promoters 0.00% · institutions 43.22% · other public 12.49%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 10 Jan 2025, 1 resolution
2,63,819 shareholders on the register on 6 Dec 2024; votes counted by Prakash Shenoy / M/s. SAP & Associates.The company's voting result (opens in a new tab)
Appointment of M/s. CKSP and Co. LLP, Chartered Accountants (Firm Registration No.: 131228W/W100044), as Statutory Auditors of the Company to fill in causal vacancy caused by the resignation of M/s. GMJ & Co., Chartered Accountants, till the date of the next Annual General Meeting to be held in calendar year 2025.MoreLess
Ordinary99.44% for0.56% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 15.42% · promoters 0.00% · institutions 40.96% · other public 13.19%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 2 resolutions
Present: 0 promoters and 45 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company for the Financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary95.43% for4.57% againstAgainst: promoters 0.00% · institutions 5.87% · other public 0.52%
Turnout: all 4.36% · promoters 0.00% · institutions 36.36% · other public 1.17%
- To appoint a director in place of Dr. Aruna Sharma (DIN – 06515361), who retires by rotation and being eligible, offers herself for re-appointment.Ordinary99.64% for0.36% against
Against: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 4.36% · promoters 0.00% · institutions 36.36% · other public 1.16%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 Jun 2024, 3 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Umesh Mehta (DIN: 09244647) as a Non-Executive Director of the Company, liable to retire by rotationOrdinary99.83% for0.17% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 15.50% · promoters 0.00% · institutions 34.22% · other public 13.30%
- Appointment of Dr. Madan Bhalchandra Gosavi (DIN: 10303662) as an Independent Director of the CompanySpecial99.71% for0.29% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 15.50% · promoters 0.00% · institutions 34.22% · other public 13.30%
- Approval for payment remuneration to Mr. Thompson Gnanam (DIN - 07865431) Managing Director & Global CEO for the period April 1, 2024 to May 31, 2024Special97.94% for2.06% against
Against: promoters 0.00% · institutions 0.00% · other public 2.68%
Turnout: all 15.50% · promoters 0.00% · institutions 34.22% · other public 13.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2023, 2 resolutions
Present: 0 promoters and 73 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited financial statements including audited consolidated financial statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary99.35% for0.65% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.68%
Turnout: all 12.22% · promoters 0.00% · institutions 4.08% · other public 13.22%
- To appoint a director in place of Dr. Aruna Sharma n(DIN – 06515361), who retires by rotation and being neligible, offers herself for re-appointmentOrdinary96.94% for3.06% against
Against: promoters 0.00% · institutions 63.57% · other public 0.75%
Turnout: all 12.22% · promoters 0.00% · institutions 4.08% · other public 13.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyDepartment of Treasury, Internal Revenue Services (IRS)Since 1 May 2026
Charged penalty on Form 8955-SSA, for the plan year ended December 31, 2024, plan number 0001. [3i Infotech Inc.]
Filed Form 8955-SSA after the due date or failed to include all participants required to appear on the statement - Fine or penaltyPENNSYLVANIA DEPARTMENT OF REVENUESince 8 May 2026
Sales and Use Tax Audit Notice of Assessment [3i Infotech Inc.]
This is an assessment of tax, penalties, interest, or fees for an audit conducted on your account for the periods ending June 30, 2022 – June 30, 2025. The audit may have resulted in additional adjustments to the returns filed in these periods.MoreLess
- Fine or penaltyGST DepartmentSince 27 Apr 2026
Tamil Nadu State ASSESSMENT ORDER AND GST DRC-07 - Section 74A(1) r/w 74A(5)(i). [ 3i Infotech Limited]
Penalty on the amounts of tax short paid/not paid / ITC wrongly availed - Tax disputeAssistant Commissioner of Income-taxSince 25 Oct 2010No changes since the last quarter.
At the filing before: The appeal has been filed before the Hon’ble Bombay High Court against the appeal arising from order of Income-tax Appellate Tribunal wherein assessment order for AY 2006-07 passed u/s 143(3) r.w.s 144C(13) by Income- tax Department [ Amount involved Rs. 7.49 Crores]MoreLess
- Tax disputeAssistant Commissioner of Income-taxSince 19 Sep 2011No changes since the last quarter.
At the filing before: The appeal has been filed before ITAT against the appeal arising from order of CIT(A) wherein assessment order for AY 2007-08 passed u/s 143(3) r.w.s 144C(13) by Income- tax Department. [ Amount Involved Rs. 33.55 crores]MoreLess
- Tax disputeDy. Commissioner of Income TaxSince 28 Nov 2012No changes since the last quarter.
At the filing before: The appeal has been filed before the Hon’ble Income Tax Appellate Tribunal, Mumbai, against the assessment order for AY 2008-09 passed u/s 143(3) r.w.s 144C(13) by Income- tax Department . [Amount Involved Rs. 28.22 crores]MoreLess
- Tax disputeAssessment Unit Income Tax DepartmentSince 18 May 2023No Change in status since last quarter
At the filing before: The appeal has been filed before the CIT(A) against the Assessment Order for AY 2014-15 of Rs. 35.85 crores passed u/s 147 dated 18.05.2023 by Income-tax Department whereby tax demand as per Order was determined at Rs 29.92 Crores.MoreLess
- Tax disputeJt. Commissioner of Income-tax(OSD), (Transfer Pricing)Since 30 Mar 2022No Change in status since last quarterAt the filing before: The appeal has been filed before the CIT(A) against the Penalty Order for AY 2013-14 of Rs. 14.14 crores passed u/s 271G dated 30.03.2022 by Income-tax Department.[ Amount involved Rs. 14.14 crores]
3 more
- Tax disputeCommissioner (TAR), MumbaiSince 26 Apr 2012
3i Infotech had earlier filed a caveat before the Supreme Court requesting that its Advocate-on-Record be notified in the event the Department preferred an appeal against either the Tribunal's order or the High Court's order. More than five years have elapsed, and no intimation has been received regarding the Department filing any appeal before the Supreme Court. Accordingly, it appears that the Department has not preferred an appeal. Since there have been no further developments in the matter, this litigation is considered closed.MoreLess
At the filing before: pending before supreme court [Amount involved Rs. 14.31 crores]. - Tax disputePENNSYLVANIA DEPARTMENT OF REVENUESince 8 May 2026
3i infotech Inc., USA, material wholly owned step-down subsidiary ("US Subsdiary") had filed an appeal at the Pennsylvania Board of Appeals on June 17, 2026 against the notice of assessment for sales and use tax for the periods June 30, 2022 through June 30, 2025 [ Amount Involved USD 12,34,083 ]MoreLess
At the filing before: New Litigation reported in this quarter - Tax disputePENNSYLVANIA DEPARTMENT OF REVENUESince 29 Nov 2021
3i infotech Inc., USA, material wholly owned step-down subsidiary ("US Subsdiary") , had filed an appeal at the Pennsylvania Commonwealth Court against the notice of assessment for sales and use tax for the periods Jan 01, 2018 through August 31, 2021 . [ Amount involved USD 8,62,048 ]MoreLess
At the filing before: New Litigation reported in this quarter
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- Yes
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 64.10 | To augment the existing and incremental working capital requirement of the company | 48.08 | 40.10 | No |
| Rights IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 64.10 | General corporate purpose | 15.38 | 15.14 | No |
| Rights IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 64.10 | Issue Expenses | 0.64 | 0.64 | No |