Pressure Sensitive Systems (India) Limited has announced a significant expansion of its business scope and a substantial capital raise through a preferential allotment of warrants. The company's Board of Directors has approved several key decisions that could reshape its future operations and financial structure.

Business Expansion

The Board has approved amendments to the company's Memorandum of Association, adding several new business areas to its portfolio. These include:

• Manufacturing of pressure sensitive adhesives
• Software development with AI solutions for healthcare
• Agro-food products processing
• Entertainment content production
• Manpower placement services
• Construction contracting
• Real estate development
• Jewelry trading

This diversification strategy aims to position Pressure Sensitive Systems in multiple high-growth sectors, potentially opening up new revenue streams for the company.

Capital Raise and Share Structure

In a move to support its expansion plans, the company has approved:

1. An increase in authorized share capital from Rs 22.00 crore to Rs 38.00 crore
2. The issuance of 22.20 crore fully convertible warrants at Rs 2.74 each

This warrant issue is expected to raise up to Rs 60.83 crore through a preferential allotment to six investors:

Each investor will receive 3.70 crore warrants, representing a potential 9.99% shareholding upon conversion. The warrants are convertible within 18 months, with a 25% upfront payment required.

Shareholder Approval and Next Steps

An Extraordinary General Meeting (EGM) is scheduled for October 18, 2025, to seek shareholder approval for these proposals. The meeting will be held at the company's registered office in Ahmedabad, Gujarat.

The Board has also appointed National Securities Depository Limited (NSDL) as the Remote E-Voting Agency and M/s. SCS & Co. LLP as the Scrutinizer for the EGM voting process.

Financial Implications

If all warrants are converted, it would result in a significant dilution of existing shareholding. However, the capital infusion could provide the company with the necessary funds to pursue its expanded business objectives.

This strategic move by Pressure Sensitive Systems represents a bold step towards diversification and growth. Investors and market watchers will be keenly observing how these changes impact the company's performance in the coming quarters.

Pressure Sensitive Systems (India) Limited has announced that its 38th Annual General Meeting (AGM) will be held on Tuesday, September 30, 2025 at 12:00 noon at the company's registered office in Ahmedabad, Gujarat.

Key agenda items for the AGM include:

1. Adoption of audited financial statements for FY 2024-25
2. Re-appointment of Mr. Rabari Nileshbhai Madevabhai as director
3. Appointment of Miss Reema Magotra as Independent Director for 5 years
4. Appointment of Mr. Saurabh as Independent Director for 5 years
5. Regularization of Mr. Malabhai Punjabhai Rabari's appointment as Managing Director
6. Regularization of Mr. Rabari Nileshbhai Madevabhai's appointment as Executive Director
7. Appointment of M/s. Jitesh Patel & Associates as Secretarial Auditors for 5 years
8. Appointment of Mr. Dineshkumar Dharamkumar Sabnani as Independent Director for 5 years

The company has provided e-voting facility for shareholders to cast their votes electronically from September 27-29, 2025. The results will be declared within 48 hours of the AGM.

Shareholders are advised to update their email IDs and other details with their depository participants to receive communications electronically.