Infronics Systems Ltd — Updates, 28-05-2025: Company Update

Infronics Systems has completed its Bulk SMS Solutions contracts with BSNL for Sir M Visveswaraya Cooperative Bank Ltd and Canara Bank. Revenue recognized was based on the confirmed SMS count. These contracts have not been renewed, which will have a negative impact on the company’s future revenue. This development is significant for stakeholders as it affects the company's income stream from these clients.