Integrated Personnel Services Limited — Board Meeting, 11-02-2025: Outcome of Board Meeting
11-02-2025 | 12:06 pm
11-02-2025 | 12:06 pm
The Board of Directors has approved the allotment of 2,66,800 equity shares at an issue price of Rs. 81 per share, upon the conversion of the same number of convertible warrants. This decision comes following the receipt of Rs. 1.62 crore for the warrants, which is 75% of the total exercise price. The shares have been allotted to promoters, strengthening the company's capital structure. This move could enhance liquidity and support future growth initiatives.
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