3i Infotech Limited — Others, 29-01-2025: Appointment

3i Infotech Limited is reshaping its leadership and operational structure. The company has appointed Mr. Vaibhav Somani as the Acting Chief Financial Officer and Mr. Navneesh Sarin as Senior Management Personnel. In a strategic move, 3i Infotech is also undertaking voluntary liquidation of its subsidiaries, 3i Infotech Saudi Arabia LLC and Nure Infotech Solutions Pte. Ltd., due to their diminished operational contributions. For the quarter ended December 31, 2024, the company reported a revenue of ₹181.41 crore, resulting in a profit before tax of ₹41.85 crore, indicating a potential positive sentiment among investors due to streamlined operations and leadership changes.