The proposed fund raise may be undertaken through public issue(s), qualified institutions placement (QIP), or a combination of such modes, subject to applicable approvals.
The board also approved initiating the process for obtaining shareholders’ approval through a postal ballot. In addition, it approved the constitution of a committee of directors to oversee and undertake necessary actions related to the proposed fund raising, in accordance with applicable laws.
Aditya Infotech operates under the ‘CP PLUS’ brand and offers video security and surveillance products, technologies and solutions for enterprise and consumer segments. The company provides integrated security systems and Security-as-a-Service through its distribution network.
The company’s consolidated net profit surged 332.48% to Rs 142.2 crore on 89.51% jump in net sales to Rs 1,402.42 crore in Q1 FY27 over Q1 FY26.