Info-Drive Software: Key filings and NCLT order 2022

The headline issue

Info-Drive Software Ltd, an India-based company listed on the BSE under symbol 530703 (also shown with NSE symbol INFODRIVE), has a liquidation order from the Honorable NCLT, Chennai. The available filings and timelines point to a long-running insolvency process that began in 2019 and culminated in the liquidation order dated April 2022.

For market participants, this matters because insolvency and liquidation processes directly affect the company’s ability to operate normally, access funding, and maintain regular disclosures. It also changes how investors interpret day-to-day stock metrics such as market price, market cap, and valuation ratios.

Company profile and business activities

Info-Drive Software Limited is described as being engaged in software development, infrastructure management services, systems integration, and dealing or trading of commodities. The company is also described as predominantly engaged in outsourcing business solutions from overseas markets.

Its service mix includes turnkey system solutions, hardware optimization, and data center maintenance. Another business description notes that the company provides a niche business process outsourcing (BPO) solution and serves the Banking and telecom segments through systems integration work.

The company is categorised under Technology / Information Technology Services.

Registered office and key contact details

The company address is shown as 128 Cathedral Road, Crown Court, Sixth Floor, Office 3, Chennai, Tamil Nadu, 600086. Another address reference also appears as Buhari Buildings, Second Floor, No. 3, Moores Road, Chennai (Madras), Tamil Nadu - 600006.

For investor and company contact, the following details are provided:

• Website: www.infodriveservices.com
• Company URL: https://www.infodriveservices.com
• Phone: +91 44 49071234
• Email: info@infodriveservices.com
• Investor contact email: nvestorcell@infodriveservices.com

These details are relevant for investors seeking official updates, especially when standard market newsflow is limited.

Insolvency and liquidation: what the filings say

The most consequential disclosure in the provided material is the liquidation order passed by Hon’ble NCLT, Chennai in the matter of Info-Drive Software Ltd.

The timeline also references a copy of the final order (dated November 2021) and a liquidation application received from the Interim Resolution Professional (dated August 2021). It further states the commencement of insolvency proceedings against the company on 6 Nov 2019.

Timeline of insolvency-related events

Board meeting disclosures: mixed signals in the available data

The content includes references to past board meeting items such as:

• Board meeting on February 14, 2018 (update dated Feb 07, 2018)
• Board meeting on November 14, 2017 (update dated Nov 08, 2017)

Separately, a table statement says: “Info-Drive Software Ltd has not held any Board Meeting.” Without additional context in the provided text (such as the period the table covers), the most accurate reading is that the dataset contains historic board-meeting references, while another section indicates no board meeting for a specific, unspecified period.

Stock and valuation snapshot (as provided)

The material states that the share price of Info-Drive Software Ltd is ₹0.10 as on 13/03/2025. It also lists market capitalisation around ₹6.55 Cr (and another reference of ₹6.6 Cr) as on the same date.

A set of headline ratios are also provided, including P/E (TTM) and P/B, while ROE and Debt to Equity are shown as NA.

Key market metrics table

Revenue figure shown

The provided company details include Revenue: $18.3 million. No period (financial year or quarter) is specified alongside this number in the supplied text, so it should be treated as a point-in-time reference from the dataset rather than a dated financial result.

Regulatory and news context in the record

The dataset also includes the line “No recent news or media.” It separately lists an older headline reference: “Shell cos clampdown: Sebi for forensic audit of 3 firms” dated Sep 14 2017. The provided text does not specify the outcome or any subsequent regulatory action tied to that headline.

Market impact: what investors can and cannot infer

The clearest, confirmed market-relevant fact here is the existence of the NCLT liquidation order (April 2022) and the earlier insolvency commencement (November 2019). Such proceedings can affect operations, disclosures, and the practical meaning of valuation ratios, particularly when prices are at very low absolute levels such as ₹0.10.

At the same time, the dataset does not provide audited recent financial statements, operating updates, or management commentary. Because of that, investors should be cautious about drawing conclusions from isolated valuation metrics alone, and instead rely on official filings and the insolvency process documentation referenced.

Conclusion

Info-Drive Software Ltd’s publicly listed snapshot combines basic company and stock-market details with a clear insolvency trail, including an NCLT Chennai liquidation order dated 21 April 2022. The next factual checkpoints for investors would typically be any additional tribunal updates and exchange filings linked to the liquidation process, if published.