3i Infotech Limited — Important, 31-07-2025: General Updates
31-07-2025 | 08:55 pm
31-07-2025 | 08:55 pm
The board has approved the financial results for the quarter. The company is converting an ₹8.17 Cr loan, including interest, to redeemable preference shares in its wholly-owned subsidiary, NuRe FutureTech Private Limited. An additional ₹1.33 Cr will be infused, bringing total capitalization to ₹9.50 Cr. This move aims to enable NuRe FutureTech to pursue new business opportunities. Furthermore, there's a reorganization of Senior Management Personnel, with Mr. Harish Shenoy moving to the US subsidiary while remaining in the Group's leadership team.
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