Baron Infotech Limited, following a successful corporate insolvency resolution process, approved a resolution plan and related actions at a board meeting held on September 23, 2026. The board took note of a National Company Law Tribunal order approving the resolution plan, a scheme of arrangement for the amalgamation of PurpleTalk India Private Limited with Baron Infotech Limited, and the appointment of Sreeram Reddy Vanga, Sridhar Muppidi, D Gautam Sawang, Biyyala Venkata Papa Rao, and Ramachandra Rao Damera as additional directors. The company also approved a name change to PurpleTalk Limited, subject to regulatory approval, and a significant increase in authorized share capital to Rs 300 crore divided into 30,00,00,000 equity shares, and fixed October 6, 2026, as the record date for cancellation of promoter shares and reduction of public shareholding.