C P S Shapers Limited — Others, 04-12-2024: Shareholders meeting

CPS Shapers Limited has scheduled an Extra-Ordinary General Meeting (EGM) for December 26, 2024, to approve the issuance of up to 1,11,120 equity shares at ₹450 each, raising approximately ₹5 crore (cr). This preferential issue aims to enhance working capital and finance sales promotions and franchise openings. Book closure will occur from December 20 to 26, with remote e-voting available from December 23 to 25. Investor sentiment could lean positively as this funding initiative may boost the company’s operational capabilities and market positioning.