ALPHA TRIBE

Interactive Financial Services LtdOthers, 26-08-2025: AGM/EGM

26-08-2025 | 06:24 pm

Interactive Financial Services is seeking shareholder approval via postal ballot. The company plans to reallocate ₹3.045 Cr from its Rights Issue proceeds, originally for office space, to instead increase its net worth. This move aims to help the company achieve the ₹50 Cr net worth goal for a Category-I Merchant Banker, up from its current ₹27.69 Cr. This strategic shift follows infrastructure changes and operational re-prioritization. Additionally, shareholders will vote on appointing M/s Insiya Nalawala & Associates as Secretarial Auditors for five years at ₹1.40 lakh annually, bolstering compliance.

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