About GVP Infotech Limited

GVP Infotech Limited (formerly Fourth Dimension Solutions Limited) is an India-based information technology and cable infrastructure company, founded in 2011. The Company provides end-to-end IT/ITeS and telecom solutions, along with technical support and operations outsourcing, and collaborates extensively with government and public sector institutions to deliver sustainable IT strategies at competitive costs.

GVP Infotech operates across three core verticals —

1. Technology Solutions
2. IT Infrastructure Services
3. Operations Outsourcing

In addition to these services, the Company is also engaged in the sale of IT and related products and has recently forayed into the payment aggregation (PA–PG) business, in line with its strategic focus on IT goods, IT services, and digital payments.

The Company is headquartered in New Delhi, with its registered office at Office No. 710, Naurang House, KG Road, Connaught Place, New Delhi – 110001. GVP Infotech’s equity shares are listed on the National Stock Exchange of India (NSE) under the symbol “GVPTECH”. The Company has no subsidiaries as of March 31, 2025.

Corporate Evolution and Milestones

• June 17, 2011: Incorporation of the Company in New Delhi.
• December 29, 2022: Name changed from Fourth Dimension Solutions Limited to GVP Infotech Limited, following shareholder approval.
• FY 2022–23: Sub-division of equity shares from Rs 10 to Rs 2 and corresponding alteration of the capital clause in the Memorandum of Association.
• The Company’s business model remains anchored in public sector and government engagements, focusing on complex, large-scale IT and telecom projects across India.

GVP Infotech Limited Key Management

• Rajesh Thakur – Managing Director
• Pankaj Mittal – Chief Executive Officer (appointed May 21, 2024)
• Veena Pani Chaudhary – Executive Director & Chief Financial Officer
• Dhaval Mistry – Non-Executive Director
• Neelu Chaudhary – Non-Executive Director (Women)
• Rajesh Ramnani – Chairperson & Independent Director
• Prawincharan Dwary – Independent Director
• Drashti Ketan Jain – Company Secretary & Compliance Officer (appointed May 01, 2024)

Latest Updates on GVP Infotech Limited

• Strategic Expansion:
  The Company diversified into payment aggregation and payment gateway (PA–PG) services, supported by investments in IT infrastructure and business development. This transition phase impacted performance, with revenue declining by 82.11% year-on-year, leading to a loss position for FY 2024–25.
• Leadership Appointments:
  • Mr. Pankaj Mittal appointed as Chief Executive Officer (w.e.f. May 21, 2024).
  • Ms. Drashti Ketan Jain appointed as Company Secretary & Compliance Officer (w.e.f. May 01, 2024).
• Governance and Compliance:
  As of March 31, 2025, 100% of the paid-up share capital is dematerialised, and the Company remains listed on NSE under the code GVPTECH.
• Audit and Legal Proceedings:
  The statutory auditor issued a qualified opinion citing the non-recognition of provisions for certain long-outstanding receivables, notably from Minosha India Limited (formerly Ricoh India Limited) and RUDSICO.
  • The Company has initiated or pursued arbitration proceedings, including:
    • A claim of approximately Rs 395 crore against Minosha India Limited.
    • An arbitration notice under the “Smart Rajasthan” project with RUDSICO.
      These matters remain pending as detailed in the Statement on Impact of Audit Qualifications.
• Internal Audit:
  The Board appointed M/s K Chetan & Associates as Internal Auditor for FY 2024–25 on August 13, 2024.

Note: The information presented above is derived exclusively from GVP Infotech Limited’s Annual Report for FY 2024–25, including the Directors’ Report, Corporate Governance Report, and Auditors’ Report.