Prostarm Info Systems Ltd Board Approves Financials, Auditor Appointment, and Fundraise

Prostarm Info Systems Ltd's Board of Directors met and approved the Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026, along with the Limited Review Report. The board also approved the appointment of M/s. Valawat and Associates Chartered Accountants as Statutory Auditors for a five-year term. Additionally, the company will seek shareholder approval for altering its Memorandum of Association and for raising funds up to ₹43.27 crore through the issuance of Fully Convertible Warrants on a preferential basis to non-promoter investors. The 19th Annual General Meeting is scheduled for September 11, 2026, to approve these matters. The company also provided an update on the delayed commencement of certain business operations, now expected by September 30, 2026, pending regulatory approval.