3i Infotech Limited informed that another wholly-owned subsidiary of the Company has been incorporated in India on December 12, 2022. This subsidiary is a private company limited by shares called "NuRe FutureTech Private Limited" and is a direct wholly-owned subsidiary of the Company. NuRe FutureTech Private Limited is a direct wholly-owned subsidiary of the Company.bInitial subscription by the Company does not fall within related party transactions.