CPS Shapers Limited has entered into a strategic partnership with Baazar Retail Private Limited to manufacture and supply apparel and related products. The agreement encompasses both contract manufacturing based on specifications provided by Baazar Retail and the sale of CPS Shapers' products through Baazar Retail's extensive network of retail outlets. This collaboration is designed to strengthen the company's presence in the organised retail segment while expanding its manufacturing operations and customer base.

Under the terms of the agreement, cps shapers will manufacture products adhering to the quality standards and requirements communicated by Baazar Retail from time to time. Additionally, the company's products will be displayed and sold through the physical stores operated by the partner. This dual approach is expected to enhance product accessibility and visibility across a wider market.

Baazar Retail Private Limited operates under the brand "Baazar Kolkata" and maintains a strong retail footprint with over 200 physical stores across India. The partner company has a particularly strong regional presence in Eastern and Northeastern India. Baazar Kolkata generates annual revenues in excess of ₹1,300 crore, catering to a diversified customer base within the organised retail sector.

The association with Baazar Retail is anticipated to create substantial sales opportunities for CPS Shapers Limited by leveraging the partner's established retail infrastructure. The company expects this move to significantly strengthen its brand presence and contribute to increased revenues. Management believes the strategic alliance will positively impact revenue growth and enhance long-term business opportunities.

The disclosure was submitted to the National Stock Exchange of India Limited pursuant to applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement was signed on May 25, 2026, as confirmed by Managing Director Abhishek Kamal Kumar.

The Board of Directors of CPS Shapers Limited has scheduled an Extra Ordinary General Meeting (EGM) on Friday, June 12, 2026, at 04:00 P.M. The meeting will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM) to seek shareholder approval for the preferential allotment of equity shares. The company has also made arrangements for remote e-voting facilities, which will be available from Tuesday, June 09, 2026, at 09:00 A.M. until Thursday, June 11, 2026, at 05:00 P.M. Members whose names appear in the Register of Members as on the cut-off date of Friday, June 05, 2026, are entitled to vote.

Preferential Issue Details

The proposed special resolution seeks approval to issue up to 31,275 equity shares of face value Rs. 10/- each at an issue price of Rs. 1088/- per share, including a premium of Rs. 1078/- per share. The total issue size aggregates to Rs. 3,40,27,200/-. The funds raised are intended for the construction of a new factory, purchase of plant & machinery, and working capital requirements. The relevant date for determining the issue price is May 13, 2026.

Allottee-Wise Breakdown

The preferential allotment is proposed across 17 allottees, comprising both promoter and non-promoter categories. The table below details the shares to be allotted and the post-issue shareholding percentage for key allottees:

The resolution requires a special majority. The equity shares allotted will rank pari-passu with existing shares and will be subject to lock-in requirements as per SEBI ICDR Regulations, 2018. The company has appointed Ms. Deepali Kaushik as the scrutinizer for the e-voting process.