Intrasoft Technologies Limited — Board Meeting, 23-01-2025: Outcome of Board Meeting

IntraSoft Technologies Limited's board meeting focused on key decisions, including the appointment of Mr. Aakash Kumar Singh as Company Secretary & Compliance Officer, effective July 17, 2024, following the resignation of Mr. Pranvesh Tripathi. The board also approved a significant investment in IntraSoft Ventures Pte. Limited, a wholly-owned subsidiary, committing up to USD 4 million (approximately INR 33.2 crore) at a projected price of USD 6.60 per share. This funding aims to bolster the subsidiary's e-commerce business, expected to occur in one or more tranches over three months.