Icodex Publishing Solutions Ltd: Board Approves IPO Proceeds Use Variation

Icodex Publishing Solutions Ltd's Board of Directors, in a meeting held on July 10, 2026, approved a variation in the utilization of Initial Public Offer (IPO) proceeds. The unutilized IPO funds of ₹9.07 crore will be reallocated from office premises and hardware purchases to working capital requirements. Additionally, the board ratified a deviation of ₹1.34 crore for interior works on office premises. Shareholder approval via postal ballot is required for both changes. The company also appointed Cameo Corporate Services Limited for e-voting services and CS Kuldeep Ruchandani as the scrutinizer for the postal ballot process.