enclosed herewith the outcome of Board meeting

Date:23-09-2026 TheCorporateRelationsDepartment BSELimited PhirozeJeejeebhoyTowers DalalStreet,Mumbai-400001, Sub: Outcome of the meeting of the Board of Directors of the Company pursuant to regulation 30ofSEBI(ListingObligationsandDisclosureRequirements)Regulations,2015. DearSir/Madam, This is to inform you that, the first Meeting of the Board of Directors of M/s. Baron Infotech Limited (hereinafter referred to as “the Company”), post successful completion of the Corporate Insolvency Resolution Process, was held by the newly constituted Board of Directors of the Company, on Wednesday,23rdSeptember2026. TheBoard,inter-alia,alongwithotherbusinesstransactions,transactedthefollowingbusinesses: 1. Took on record the Order dated 08th September, 2026 pronounced by the Hon’ble National Company Law Tribunal Hyderabad Bench-II, in IA (IBC) (PLAN) No. 3 of 2026 in CP (IB) No.164/07/HDB/2023 u/s. 30(6) of IBC, 2016 (‘The NCLT Order) in the matter of M/s. Avantine Software Private Limited Vs. M/s Baron Infotech Limited approving the resolution planalongwiththeSchemeofArrangementandaddendum,annexure,schedulesformingpart oftheresolutionplan. 2. TooknoteoftheResolutionPlanapprovedbytheHon’bleNCLT. 3. TooknoteoftheSchemeofArrangementcontemplatingtheamalgamationofPurpleTalkIndia Private Limited, the Transferor Company, with Baron Infotech Limited, the Transferee Company,formingpartoftheResolutionPlanapprovedbytheHon’bleNCLTvideorderdated 8September2026. 4. Took note of and, to the extent required under applicable law, ratified/approved the appointment of the following persons as Additional Directors with effect from 22 September 2026, pursuant to the approved Resolution Plan and the resolution of the Monitoring Committee. S.No NameoftheDirector DIN Category Date of Appointment 1. SreeramReddyVanga 00654545 AdditionalDirector 22-09-2026 (Non-Executive Non- IndependentDirector) 2. SridharMuppidi 00649772 Additional Director 22-09-2026 (Chairman and Managing Director) 3. DGautamsawang 11219711 AdditionalDirector 22-09-2026 ( N o n - E x e c u t i v e IndependentDirector) 4. Biyyala Venkata Papa 02815086 AdditionalDirector 22-09-2026 Rao ( N o n - E x e c u t i v e IndependentDirector) 5. Ramachandra Rao 11957460 AdditionalDirector 22-09-2026 Damera ( N o n - E x e c u t i v e IndependentDirector) 5. TooknoteofthecessationofthefollowingerstwhiledirectorsoftheCompanypursuanttothe approvedResolutionPlanandtheNCLTorderdated8September2026 S.No NameofDirector DIN Designation Reason Effective for Dateof Cessation Cessation 1. BharaniGanapavarapu 08631433 Whole-time Cessation 23-09-2026 Director Pursuant 2. KamalaKumariNadimpally 07142555 Director to 23-09-2026 NCLT 3. VishnuVardhanReddybilla 07151065 Director Order 23-09-2026 dated 4. PokuriSrinivasaRao 07151066 Director 08th 23-09-2026 September 2026 6. Approved the shifting of Registered Office of the Company within the city limits from old Registered Office Address to the following New Registered Office Address located at 12th Floor, Plot No 11, THE WATER MARK, Survey No. 9, Kondapur, Hitech city, Hyderabad, Telangana,India,500084 7. Approved to change the name of Company from Baron Infotech Limited to “PurpleTalk Limited”, Pursuant to the Scheme of Arrangement, approved by the NCLT along with the resolution plan vide NCLT Order dated 08th September, 2026 and subject to approval of the samefromthe“CentralRegistrationCentre-MinistryofCorporateAffairs” 8. Approved the increase in the Authorised Share Capital of the Company to INR 300 Crores (ThreeHundredCroresOnly)dividedinto30,00,00,000equitysharesofINR10/-each,ranking paripassuwiththeexistingequitysharesoftheCompany. 9. Approved and took on record the alteration of Memorandum of Association of the Company pursuanttotheResolutionPlanapprovedbytheHon’bleNCLT-HyderabadBench,videorder dated 08th September, 2026 including amendment of main objects and Increase in the AuthorisedShareCapitaloftheCompany. 10. Pursuant to the Resolution Plan dated 11 April 2026 approved by the Hon’ble NCLT, Hyderabad Bench-II vide order dated 8 September 2026, and subject to completion of the applicable requirements of BSE Limited, the Registrar and Share Transfer Agent, NSDL, CDSLandothercompetentauthorities,theBoardfixedTuesday,6October2026astheRecord Date under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015,fordetermining: a. the erstwhile promoter and promoter-group equity shares to be cancelled and extinguishedwithoutconsideration;and b. Reductionofpublicshareholdingof89,30,800equitysharesofRs.10eachtotheextent of95%oftheirexistingShareholderofCompany.ThePublicShareholdersshallretain only5%oftheirholding,calculatedonthebasisofoneequityshareforeverytwenty equity shares held as on record date, aggregating to 4,46,540 equity shares of Rs.10 each.Thebalanceof84,84,260equitysharesshallstandcancelledwithoutanypayout. TheDisclosuresasrequiredunderRegulation30ofSEBIListingRegulationsandSEBIMasterCircular No.HO/49/14/14(7)2025-CFD-POD2/I/3762/2026datedJanuary30,2026,regardingsilentfeaturesof changeintheMemorandumofAssociationoftheCompanyisenclosedherewithas‘Annexure-1’ Themeetingcommencedat04.00P.Mandconcludedat08.00P.M. Youarerequestedtokindlytakethesameonyourrecord. ForBARONINFOTECHLIMITED SridharMuppidi Chairman&ManagingDirector DIN:00649772 Annexure1 THE DISCLOSURES AS REQUIRED UNDER REGULATION 30 OF SEBI LISTING REGULATIONS AND SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 DATED JANUARY 30, 2026, REGARDING SILENT FEATURES OF CHANGEINTHEMEMORANDUMOFASSOCIATION(MOA)OFTHECOMPANY I. CHANGEINTHEMAINOBJECTSOFTHECOMPANY. Pursuant to the approved Resolution Plan, the following the main objects added in addition to the existingMainobjectsofBaronInfotechLimited. III(A) 4. To Carry on and to undertake consultancy, research, design, architecture, development, implementation, testing, supervising, training and to give maintenance, support and user-training services for the software and firmware development, systems and programming for own use, for other users, for horizontal and vertical sectors, for sale in India and export outside India through data communication links, Satellites, storage media like compact disks or in any other physical form and to train employees within and outside India for implementation of projects, for doing research and advanced studies, to set up information management services like data processing, data ware housing, data entry works, word processing, hiring out machine time, supervise and advise to other companies in information processing aspects to operations research in complete hardware and software solutions and to undertake the data processing and programming relating to issues of security applications, client/server and multi-tier applications, real-time applications, data base applications, routing, Bio-Informatics, Very Large Systems Integration embedded systems, mobile applications, software games and to digitize and make drawings, maps, pictures, photographs, Computer Aided Design digitize works, deal in animation, multimedia, to design andfabricateintegratedandotherelectroniccircuitsandtorenderallkindsofjobworkrelatingto information technology and development of software, firmware and software products for databases, data warehousing, encryption, biometrics, systems-network-application webpage designing,webapplication,developmentofsoftwareforinternet,email,Electroniccommerceand alltypesofsoftwarerelatedproductdevelopmentandservicesandimplementationsofEnterprise ResourcePlanning projects. 5. To carry on and to design, Develop, Acquire, Accept, Arrange Assemble, Fabricate, Generate, Equip, Obtain, Provide, Erect, Construct, Install, Set up, Supervise, Implement Support, Assign, Engineer, Give Consultancy, Advise, Train, Process, Assist, use, Distribute, Transmit, Repair, Maintain, Improve, Extend, Manage, Modify, Alter, Convert, Enfranchise, Explore, Establish, Insure, Undertake, Conduct, Perform, Spo [Showing first 8,000 characters — download PDF for full document]