Infronics Systems Ltd — Important, 03-01-2026: Company Update

Infronics Systems announced that a criminal complaint resulted in an FIR, leading to a debit freeze on its Axis Bank account. This follows a previously disclosed debit freeze on its ICICI Bank account. While credit entries are permitted, these actions restrict the company's ability to access funds for routine business, potentially causing temporary cash flow constraints. The company has not yet quantified the financial impact, nor has any financial liability been determined. Infronics is engaging with authorities to address the situation and seek appropriate relief.