Integrated Personnel Services Limited — Important, 08-08-2025: General Updates
08-08-2025 | 01:35 pm
08-08-2025 | 01:35 pm
Company has issued an update to its upcoming Extra-Ordinary General Meeting (EGM) notice, reflecting modifications requested by the exchange. The EGM includes proposals for two preferential share issues. One issue will raise Rs. 7.71 Cr in cash from non-promoters, earmarked for working capital and general corporate purposes. The second involves issuing shares worth Rs. 7.71 Cr to promoters as part of acquiring 100% of Informatic Connecting Tech Private Limited (ICTPL), a software design and development firm. The total acquisition value for ICTPL stands at Rs. 9.50 Cr, strengthening the company's business scope.
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