Fidel Softech Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting

Fidel Softech Limited has announced a board meeting today, approving the financial results for the quarter ended June 30, 2025, including consolidated figures. The board also cleared a 'Nil Report' for deviations in IPO fund utilization. Importantly, the company altered its funding plan for its wholly-owned US subsidiary, Fidelsoft Inc. Previously approved as an equity investment, Fidel Softech will now provide financial assistance to Fidelsoft Inc in the form of a loan instead.