ImportantGeneral Updates

Company has issued an update to its upcoming Extra-Ordinary General Meeting (EGM) notice, reflecting modifications requested by the exchange.

Integrated Personnel Services Limited logo
Integrated Personnel Services LimitedIPSL · Filed with 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.

Read the original filing(PDF)

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