PS IT Infrastructure & Services Limited, originally incorporated as Parag Shilpa Investments Limited in 1982, is based in Mumbai and operates in the capital market, focusing on financing and investing in shares, securities, and commodities. In 2013, the company expanded its business by acquiring Swift Infrastructure & Services Ltd and Crescent Digital Technologies Ltd, both of which specialize in IT consultancy, software development, IT infrastructure, and computer hardware trading.
Following a Scheme of Amalgamation in May 2013, PS IT Infrastructure & Services integrated the operations of both acquired companies, enhancing its capabilities in IT services and infrastructure. The merger resulted in the issuance of 4,25,20,000 new equity shares, maintaining a 1:1 exchange ratio for shareholders of the acquired entities. This strategic expansion positions the company as a diverse player in both the capital market and IT infrastructure sectors.
