PFL Infotech Ltd

PLF Infotech Limited was initially incorporated as a private limited Company as 'Pioneer Farms Private Limited' in December 11, 1986. The Company was converted into a Public Limited Company and the name of the Company was changed to 'Pioneer Farms Limited' on January 22, 1993 and was again changed to PLF Infotech Limited in 2004. The Company initially started business in the field of poultry and subsequently diversified into the filed of software. It initially established a parent farm and a hatchery unit in 1986-87 with 10,500 broiler parent birds and an installed hatchery capacity of 3,25,000 day-old chicks pm. In 1995-96, the Company undertook a project to expand its capacity further by adding another 10,500 layer parent birds and also set up a poultry processing plant with a capacity of 2000 birds ph. The project was part financed by a public issue of 35,60,000 equity shares of Rs 10 each for cash at par aggregating Rs 356 lac, in Mar.'96. During the year 1996-97, it increased the installed capacity from 69,12,000 numbers to 95,04,000 numbers. The Chicken Processing Plant was commissioned on the 2nd March, 1999. The Company changed its software business and focused on trading operations, with an intention to identify new business areas in FY 2024. Consequent to the Share Purchase Agreement dated 02 December 2024, takeover process and pursuant to the letter of offer dated 8th July 2025 as per the provisions of SEBI (Substantial Acquisition of Shares and Takeover Regulations), 2011, Sri Param Nand Chand, has acquired the shares from the existing promoters, Sri P Amresh Kumar and P Srikanth, thus becoming the Promoter of the company w.e.f. August 14, 2025.