CPS Shapers revises preferential issue allottee list

CPS Shapers Limited has revised the list of proposed allottees for its preferential issue of equity shares, substituting two non-promoter applicants with an existing investor ahead of its upcoming Extraordinary General Meeting (EGM). The company informed the National Stock Exchange of India Limited that the corrigendum to the EGM notice was published in newspapers on May 30, 2026.

The Board of Directors approved the revision during its meeting on May 13, 2026. Under the updated proposal, Ms. Alka Shah and Mr. Harshal Anjaria, who were initially listed under the non-promoter category, have been removed. They are replaced by Mr. Pankaj Prasoon, who is already part of the proposed allottees. Consequently, Mr. Prasoon will subscribe to the additional shares originally allocated to the removed applicants.

The EGM is scheduled to be held through video conferencing on June 12, 2026. Shareholders will vote on a resolution to approve the issuance of equity shares to promoters and non-promoters on a preferential basis. The explanatory statement and relevant portions of the notice have been modified to reflect the changes in the allottee names and allocation details.

The company clarified that the total number of equity shares proposed to be issued, the issue price per share, and the aggregate size of the preferential issue remain unchanged. The terms and conditions of the issue also stay the same. The corrigendum forms an integral part of the original EGM notice circulated on May 13, 2026.

Proposed Allottees

Sr. No	Name of the Proposed Allottees	Category	No. of Equity Shares to be allotted
1	Abhishek Kamal Kumar	Promoter	1,380
2	Amit Mehta	Non-promoter	1,380
3	Ashwini Sunil Chavan	Non-promoter	920
4	Cherry Mehta	Non-promoter	1,380
5	Danielle Parikh	Non-promoter	2,300
6	Deepika Raison	Non-promoter	2,300
7	Kushal Agarwal	Non-promoter	920
8	Lalit Agrawal	Non-promoter	920
9	Manasi Sunil Chavan	Non-promoter	460
10	Pankaj Prasoon	Non-promoter	6,435
11	Harsh Mehta	Non-promoter	1,380
12	Aarya ketan kotecha	Non-promoter	920
13	Mohak Mehta	Non-promoter	1,380
14	Siddhartha Daga	Non-promoter	6,900
15	Vikram Chirimir	Non-promoter	2,300

Bhawna Kumar, Whole Time Director of CPS Shapers Limited , signed the communication to the exchange. The company requested that the corrigendum be placed on record for information purposes.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.24%	0.0%	+5.61%	+11.89%	+36.19%	+119.04%

CPS Shapers Limited reported revenue from operations of ₹3,125.32 lakh for the financial year ended March 31, 2026, compared to ₹3,085.70 lakh in the previous year. The company posted a net profit of ₹12.80 lakh for FY26, down from ₹16.77 lakh in FY25. The Board of Directors approved the audited standalone financial results for the half year and financial year ended March 31, 2026, at its meeting held on May 28, 2026.

The Board reappointed M/s Prem Chand Jain & Associates as the Internal Auditor for the financial year 2026-27. The firm, a practicing Chartered Accountant engaged in Corporate Law, Internal Audit, and Taxation Matters, will serve a term of one year effective May 28, 2026. Additionally, the Board approved a change in the proposed allottees under the non-promoter category for a preferential issue of 31,275 equity shares.

Financial Performance

Revenue from operations for the year ended March 31, 2026, stood at ₹3,125.32 lakh, a marginal increase from ₹3,085.70 lakh in the prior year. Total income rose to ₹3,134.46 lakh from ₹3,090.61 lakh. Total expenses for the year increased to ₹3,101.62 lakh from ₹3,084.16 lakh. The company reported a profit before tax of ₹32.84 lakh, compared to ₹6.47 lakh in the previous year.

Particulars	Year Ended March 31, 2026 (₹ in Lakhs)	Year Ended March 31, 2025 (₹ in Lakhs)
Revenue from operations	3,125.32	3,085.70
Total income	3,134.46	3,090.61
Total expenses	3,101.62	3,084.16
Profit before tax	32.84	6.47
Net profit	12.80	16.77
Earnings per share (Basic)	0.57	0.77

Capital Allocation and Cash Flows

The company's net cash flow from operating activities for the year was negative at ₹143.36 lakh, an improvement from the negative ₹254.97 lakh in the previous year. Net cash flow from financing activities was ₹272.63 lakh, driven by proceeds from share issuances including share warrants. Cash and bank balances increased to ₹19.68 lakh as of March 31, 2026, from ₹13.25 lakh a year earlier.

The Board also approved the utilization of proceeds from its Initial Public Offer (IPO) and preferential issues. The company utilized ₹1,065.79 lakh out of the total IPO proceeds of ₹1,110.00 lakh. Proceeds from preferential issues totaling ₹501.75 lakh and ₹500.04 lakh were fully utilized for working capital and corporate expenses.

Board Approvals and Disclosures

The appointment of the internal auditor is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant SEBI circulars. The statutory auditor, M/s Vinay Bhushan & Associates, issued an unmodified opinion on the audited standalone financial results. Bhawna Kumar, Whole Time Director, signed the regulatory filings on behalf of CPS Shapers Limited.