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Prostarm Info Systems reported voting results for a postal ballot. Three special resolutions regarding IPO proceeds and ESOP amendments were passed.
Prostarm Info Systems is relocating and consolidating two business operations to other units. This strategic realignment aims to enhance efficiency and focus on core segments.
Prostarm reported FY26 revenue of ₹386cr (+10% YoY) and PAT of ₹33cr (+14% YoY). Focus remains on energy storage (BESS) and UPS expansion despite Q4 supply disruptions.
Prostarm Info Systems is conducting a postal ballot for shareholder approval of IPO proceeds reallocation and ESOP plan amendments. Voting concludes on June 25, 2026.
Prostarm Info Systems issued a postal ballot notice to reallocate ₹12.48 Crore of unutilized IPO proceeds. The funds will now support working capital requirements.
Prostarm delivered 10% YoY revenue growth for FY26 but faced Q4 margin pressure from West Asia supply chain disruptions and higher employee costs. The transition from net debt to cash-rich status highlights a stronger balance sheet post-IPO.
Prostarm Info Systems submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026. The report confirms overall regulatory compliance with no material deviations noted.
Prostarm FY26 revenue reached ₹3,858 Mn with 12% EBITDA margins. The company is transitioning from power conditioning to high-growth BESS manufacturing with significant capacity expansion.
Prostarm Info Systems granted 3,21,750 stock options at an exercise price of Rs.50 each. The move aims to incentivize employees under its 2024 ESOP plan.
Prostarm Info Systems appointed Mr. Ajay Satish Rao and Mr. Prateek Srivastava to its senior management team. These appointments strengthen operational leadership and strategic business units.
Prostarm Info Systems re-appointed M/s. Y R Doshi & Company as Cost Auditor for FY 2026-27. The auditor will receive ₹0.007 Crore remuneration plus taxes.
Prostarm Info Systems appointed Mr. Ronak Mukesh Shah as Internal Auditor for FY 2026-27. The chartered accountant brings over 10 years of audit and ERP experience.
Prostarm Info Systems Ltd reported revenue from operations of ₹104.5 Cr (+27.4% YoY) and net profit of ₹7.9 Cr (+16.2% YoY) for Q4 FY26.
Prostarm Info Systems Limited reported a standalone total income of ₹383.74 Crore for FY2026. The board also approved senior management appointments and amendments to its ESOP plan.
Prostarm Info Systems Limited filed its quarterly IPO proceeds utilization report for March 2026. The company utilized ₹155.52 Crore of the ₹168.00 Crore total issue size.
Prostarm Info Systems submitted its Monitoring Agency Report for the quarter ended March 31, 2026. The report confirms no deviations in utilizing ₹168 Crore IPO proceeds.