Quadrant Future Tek Limited's Board of Directors, in a meeting held on January 10, 2026, has approved the withdrawal of ₹8.57 Crores from the IPO Monitoring Account. This withdrawal is intended for the reimbursement of IPO-related expenses incurred by the company using its own funds. The expenses cover the period from June 2024, prior to the IPO, up to February 2025, when the monitoring account became operational.

The approval for this withdrawal is subject to the shareholders' consent, which will be sought through a Postal Ballot. The Board has also approved the issuance of a Postal Ballot Notice, enabling shareholders to vote electronically ('remote e-voting') on this proposed withdrawal. The company will issue further disclosures once the Postal Ballot Notice, including an explanatory statement, is released.

M/s. Girish Madan and Associates, Practicing Company Secretaries, have been appointed as the Scrutinizer to ensure a fair and transparent process for the remote e-voting. The cut-off date for determining shareholder eligibility to vote on the resolution was Friday, January 09, 2026. The Board meeting commenced at 02:20 PM IST and concluded at 03:40 PM IST.