C P S Shapers Limited — Others, 26-12-2024: Shareholders meeting

CPS Shapers Limited has announced a board meeting to discuss the issuance of up to 1,11,120 equity shares at Rs. 450 each, aiming to raise approximately Rs. 5.00 crore. This preferential issue will support working capital needs, sales promotion, and the opening of franchise outlets. The special resolution was presented to shareholders at the recently held Extra Ordinary General Meeting. The outcome may enhance liquidity and aid growth initiatives, potentially creating a positive outlook for investors as the company pursues expansion while maintaining its current control structure.