Integrated Personnel Services Limited — Others, 23-07-2025: Shareholders meeting

Integrated Personnel Services Limited has announced an Extra-Ordinary General Meeting to seek shareholder approval for key strategic moves. The company proposes to increase its authorized share capital from Rs. 10 Crore to Rs. 11 Crore, enabling future capital raises. It will also raise Rs. 7.71 Crore through a preferential issue of 10.71 lakh equity shares to non-promoter public investors, earmarked for business expansion and working capital needs, including a cash component for an acquisition. Separately, 10.71 lakh shares will be issued to promoters as part of acquiring Informatic Connecting Tech Private Limited, a software design firm, integrating its tech capabilities.