Seeks Shareholder Approval to Reroute IPO Funds & Amend ESOPs
Prostarm Info Systems Ltd · PROSTARM · BSE ·
The company is conducting a postal ballot to seek shareholder approval for varying the use of its IPO proceeds and amending its Employee Stock Option Plan (ESOP). It proposes to reallocate ₹1,248.31 Lakhs, originally for acquisitions, to fund its growing working capital needs. Th…