JUDGEMENT

1. This Joint Application is filed is e-filed, on 27.09.2025, by the Applicant Companies namely Infobeans Cloudtech Limited, (hereinafter referred to as “Transferor Company”) and Infobeans Technologies Limited (hereinafter referred to as “Transferee Company”) under Section 230 -232 of the Companies Act, 2013 (hereinafter referred to as "the Act"), read with the Companies (Compromises, Arrangements and Amalgamation) Rules, 2016 (hereinafter referred to as "the Rules"), providing for a Scheme of Amalgamation of Transferor company with the Transferee Company. The Transferor Company and the Transferee Company are hereinafter collectively referred to as the “Applicant Companies”.

2. The First Motion Application is filed for seeking, inter alia, the following reliefs: -

a) To dispense the meeting of the Equity Shareholders and Unsecured Creditors of the Transferor Company.

b) To dispense the meeting of the Equity Shareholders of the Transferee Company.

c) To convene and hold the meeting of the Equity Shareholder and appointment of chairman and scrutinizer, if not inclined to grant dispensation of the Equity Shareholder.

(A copy of the proposed Scheme of Amalgamation whereby the Appli