Pursuant to Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015, the Board of Directors of the Company has considered and approved the unaudited financials results for the quarter and half year ended September 30, 2026 together with Limited Review Report and appointment of Secretarial Auditor

Date: October 29, 2026 The Manager – Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 537985 ISIN: INE463B01036 Sub: Outcome of the Meeting of the Board of Directors held on Thursday, October 29, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of the Company at its meeting held on Thursday, October 29, 2026, which commenced at 05:00 P.M. (IST) and concluded at 05:45 P.M. (IST), inter alia, considered and approved the following matters: 1. Un-Audited Financial Results (Standalone) for the quarter and half-year ended September 30, 2026: Approved the Un-Audited Financial Results of the Company for the quarter and half-year ended September 30, 2026, together with the Statement of Assets and Liabilities as at September 30, 2026 and the Statement of Cash Flows for the half-year ended September 30, 2026, along with the Limited Review Report thereon issued by M/s R. Subramanian & Company LLP, Chartered Accountants (Firm Registration No. 004137S/S200041), the Statutory Auditors of the Company. A copy of the Un-Audited Financial Results together with the Limited Review Report is enclosed as Annexure-A. 2. Appointment of Secretarial Auditor: Approved, on the recommendation of the Audit Committee, the appointment of M/s. R & A Associates, Company Secretaries (Peer Review No. 6659/2025, Certificate of Practice No. 2224 and Firm Registration No. P1994AP011100), as the Secretarial Auditor of the Company to conduct the Secretarial Audit for the financial year 2026–27. The details as required under Regulation 30 read with Schedule III, Part A, and SEBI Circular dated November 11, 2024, are annexed hereto as Annexure-B. In terms of the Company’s Code of Conduct for Prevention of Insider Trading framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company, which was closed, shall re-open 48 hours after the aforesaid financial results are made public. You are requested to take the above information on record. Thanking you, Yours faithfully, For Infronics Systems Limited Arihant Jain Company Secretary & Compliance Officer Membership No.: A70208 Encl.: As above Plot No: 30, 31, Brigade Towers, West Wing, First Floor, Nanakramguda, Financial District, Gachibowli, Hyderabad-500032 email: company@infronics.in, website: www.infronics.in, Phone: +91-7207919111 CIN: L72200TG2000PLC033629 R.SUBRAMANIAN AND COMPANY LLP CHARTERED ACCOUNTANTS LLPIN : AAG - 3873 / FRN No. 004137S GSTIN : 33AAAFRO602F1ZO Tel: 044-24992261/2 4991347 rs@rscompany.co.in www.rscompany.coin INDEPENDENT AUDITOR'S REVIEW REPORT ON THE UNAUDITED STANDALONE FINANCIAL RESULTS OF INFRONICS SYSTEMS LIMITED FOR THE OUARTER /HALF YEAR ENDED SEPTEMBER 30, 2026 PURSUANT TO REGULATION 33 OF'THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENT'S) REGULATIONS, 2015, AS AMENDED The Board of Direcctors of Infronics Systems Limited Adverse Conclusion We have revicwcd the accompanying Statement of Unauditcd Standalone Finanial Results of Infronics Systems Limited ("the Company") for the quarter and half year ended September 30,2 026 (“the Statement"), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 35 of the SEBI (sting Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). Based on our review conducted as stated in the Auditor's Resbonsibilities scction of our report, because of the significance of the matter described in the Basis for Advetse Conclusion section of our report, the Statement has not been prepared in accordance with the recognition and measurement principles lald dow in Indian Accounting Standard 34, Interim Financial Reporting" ("Ind AS 34"), prescribed under Secton 133 of the Companies Act, 2013, as amended, read with the relevant rules issued thereunder and other accounting pinciples generally accepted in India, and contains a material misstatement. In particular, the Statement has been prepared on the going concern basis of accounting, which, in our view, is not appropriate in the circumstances of the Company. Accordingly, the Statement does not appropriately disclose the information required to be disclosed in terms of Regulation 33 of the Listing Regulations. Basis for Adverse Concłusion The Company's customer contracts with Bharat Sanchar Nigam Limited ("BSNL) for providing SMS services to various banks, which constituted the Company's revenue-generating business, were concluded during the financial year 2024-25 and have not been rencwed subsequently. Consequently, the Company does not have any active revenue-generating business operations as at September 30,2 026. As described in Note 3 to the Statement, the bank accounts of the Company continue to be subject to debit restrictions / frecze in connection with disputed matters. As a result, the related bank balances are not prescntly availabie to the Company for mceting its iabilitics or funding its operations, and thete is no established timelinc for the release of such restrictions. As disclosed in Note 4 to the Statement, the Company received a demand notice dated July 11, 2025 from M/s Mudunuru Limited claiming an amount of Rs. 12,05,23,699, comprising a principal amount of Rs. 8,60,30,257 and interest of Rs. 3,44,93,442, purportedly towards alleged services. The Company has dispptec Registered Office : No. 6, Krishnaswamy Avenue, Luz, Mylapore, Chennai - 600 94. Chermai Ahmedabad Bengaluru Bhubaneshwar Hyderabad| Mumbai New Delhi 600 04 Charte:td R.Subramanian and Company LLIP Chartered Accountants the clainn and, bascd on legal advice obtained by management, has disclosed the matter as a contingent liabilitr. The claim remains unresolved, atnd an adverse outcotne wvould require an outflow of resources which the Company, in the absence of operating cash inflows and with its bank balances res*ricted, has no Cvident mcans to mect. Management has discloscd in Note 4 to the Statement that the absence of active opcrating contracts, thc restrictions on the availability of bank balances and the uncertainty rcgarding commencement of futurc revenuc generating operations indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continuc as a going concern. Management has nonctheless prepared the Statement on the going concern basis of accounting. Management has not furnishcd to us any apprOved busncss plan, cxecuted or committed customer contract, financing arrangemcnt of other evidence demonstrating a realıstic prospect of resuming revenuc-gencerating operations, or of secuting the resOurces requircd to mect the Company's obligations as they fall due, over a period of at least twelve months from the end of the reporting period. ln our judgement, the cessation of the Company's only business, the continuing restrictions on its bank balances, the unresolved claim of Rs. 12,05.23.699 and the absence of any substantiated plan to resume operations, taken together, go beyond a material uncertainty. T'hese conditions indicate that the Company has no tealistic alternative but to ccase operations, within the meaning of paragraph 25 of Ind AS I, "Presentation of Financial Statements", which applies to interim financial information by virtue of paragraph 4 of that Standard. Accordingly, management's use of the going concern basis of accounting in the preparation of the Statement is not appropriate, and the disclosure of a material uncertainty in Note 3 to the Statement does not remedy this departure. Had the Statement been prepared on an appropriate basis other than going con [Showing first 8,000 characters — download PDF for full document]