C P S Shapers Limited — Board Meeting, 28-11-2024: Outcome of Board Meeting

CPS Shapers Limited has announced a board meeting outcome where key decisions were made, including the approval for the issuance of up to 1,11,120 equity shares at ₹450 each, aggregating to ₹5 crore for cash consideration, subject to shareholder approval at an upcoming Extra Ordinary General Meeting (EOGM) scheduled for December 26, 2024. The board also set the cut-off date for determining eligible shareholders and approved electronic voting services for the EOGM. The potential change in equity structure may enhance capital and support future growth initiatives.