3i Infotech Limited — Important, 31-07-2025: General Updates

The Board has approved the financial results for the quarter ended June 30, 2025. In a key strategic move, the company will convert an outstanding loan of ₹8.17 Cr to wholly-owned subsidiary NuRe FutureTech into redeemable preference shares. Additionally, ₹1.33 Cr fresh funds will be infused, bringing total capitalization to ₹9.50 Cr. This aims to enable NuRe FutureTech, focused on IT, ITES, and AI, to pursue new business opportunities. Senior management also saw a reorganization, with Mr. Harish Shenoy ceasing as SMP/KMP due to a US subsidiary move, though he remains in leadership.