Board approved variation of IPO objects to permit deployment of Rs 5 Cr toward Capital Numbers LLC, Epitome Cloud Inc and its subsidiaries, and reallocation of Rs 11.5 Cr of unutilised issue-related expenses toward the approximately Rs 40 Cr acquisition of Epitome Cloud Inc. The proposal formalizes IPO-proceeds flexibility for the company's first material acquisition and supports expansion in Salesforce and enterprise-platform services. The Board also appointed Anand V Varanasi, with extensive enterprise technology and Salesforce experience, as Senior Management Personnel. Shareholder approval is required at the AGM on September 29, 2026. The balance acquisition consideration and other related expenses are to be funded through internal accruals or other permissible sources; exact funding allocation remains undisclosed.
CapitalNumbers Approves ₹11.46 Crore IPO Proceeds Reallocation For Epitome Acquisition
CapitalNumbers Infotech Completes ₹40 Crore Acquisition Of US-Based Epitome Cloud