Icodex Publishing Solutions Ltd

iCodex Publishing Solutions Limited informed the BSE Limited that the trading window for dealing in the company's securities will be closed for all designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the company’s standalone audited financial results for the half year ended September 30, 2026.

iCodex Publishing Solutions Limited informed the BSE that its board approved a name change to iCodex Limited, subject to member and regulatory approvals. The company also appointed Kajal Patil as Chief Financial Officer, effective September 4, 2026, and formalized the appointment of Vishnu Prasad as an Independent Director, initially serving as an Additional Independent Director since May 15, 2026. Additionally, the board recommended the re-appointment of Chetan Shankarlal Soni as a Whole-Time Director and approved the company’s report for the fiscal year ended March 31, 2026, along with the notice for the 08th Annual General Meeting scheduled for September 30, 2026.

iCodex Publishing Solutions Limited announced the appointment of Ms. Kajal Patil as Chief Financial Officer (CFO), effective September 4, 2026, according to a regulatory filing with the BSE Limited. Ms. Patil holds a Master of Business Administration (Finance) and a Bachelor of Commerce degree, and has experience in financial management, budgeting, forecasting, GST compliance, bank/vendor reconciliation and preparation of financial reports.

A monitoring report by Infomerics Valuation and Rating Limited (IVRL) has revealed that a company has yet to deploy Rs. 9.07 crore, approximately $1.1 million USD, of the funds raised through a public offering as of June 30, 2026. While Rs. 8.89 crore is currently held in fixed deposits, the delay in utilizing the funds, originally slated for deployment by the end of Q4 FY26, has prompted revised completion dates for some projects, including the purchase of office premises and hardware, now expected in FY27. The report also notes a lack of detail regarding the intended use of Rs. 9.07 crore allocated to general corporate purposes, raising concerns about the company's ability to execute its business plan and prompting investors to seek further clarification on the reasons for the delay and future fund allocation.

iCodex Publishing Solutions Limited informed the BSE Limited that its Board of Directors approved the Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Initial Public Offering.

Icodex Publishing Solutions will hold a meeting of the Board of Directors of the Company on 15 May 2026.

Icodex Publishing Solutions will hold a meeting of the Board of Directors of the Company on 11 March 2026.Powered by Capital Market - Live

Icodex Publishing Solutions will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

The scrip was listed at Rs 81.60, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 81.60 and a low of Rs 77.55. About 1.33 lakh shares of the company changed hands at the counter. Icodex Publishing Solutions' IPO was subscribed 3.80%. The issue opened for bidding on 11 August 2025 and it closed on 13 August 2025. The price band of the IPO was set at Rs 98 to 102 per share. The IPO comprised 41,20,800 equity shares, including a fresh issue of 33,96,000 equity shares and offer for sale (OFS) of 7,24,800 equity shares. The company intends to utilize the net proceeds for purchase of new office space, purchase of hardware for new office, working capital purposes and general corporate purposes. Icodex Publishing Solutions is engaged in software product development for scholarly publishing. Its software products assist in the publication of research papers, studies, and academic articles, helping researchers, academicians, and scholars in their respective fields. The company specializes in developing and providing publishing products and software that support the entire publishing process, from manuscript preparation to print and digital content distribution. As of 31 January 2025, the company had total 116 permanent employees. The company recorded revenue from operations of Rs 21.88 crore and net profit of Rs 8.96 crore for the period ended 31 March 2025. Powered by Capital Market - Live