Announcement • Aug 01
Igs Capital Group Limited Announces Appointment of Pallavaraja Kannaiyan as President, Treasurer, Secretary and Director, Effective July 31, 2026 IGS Capital Group Limited announced the appointment of Pallavaraja ('Pallav') Kannaiyan as President, Treasurer, Secretary and Director, effective July 31, 2026. Mr. Kannaiyan brings more than two decades of international leadership experience spanning enterprise software, artificial intelligence, cloud computing, digital transformation and product innovation. Throughout his distinguished career he has held senior leadership positions with Microsoft, Infosys and DSAT Global, where he has successfully led global engineering organizations, delivered enterprise-scale software platforms and driven technology innovation for Fortune 500 clients across transportation, logistics, healthcare, insurance and cloud-based ecosystems. Born in Salem, Tamil Nadu, India, Mr. Kannaiyan is an accomplished technology executive whose career has been dedicated to designing and delivering complex enterprise solutions for some of the world's most recognized organizations. He has successfully led multidisciplinary engineering teams across North America and Asia while overseeing product strategy, software engineering, quality assurance and artificial intelligence initiatives. His leadership has contributed to the successful delivery of mission-critical cloud platforms, AI-enabled logistics solutions and enterprise customer management systems serving global markets. Mr. Kannaiyan holds a Bachelor of Engineering degree together with professional certifications in Artificial Intelligence, Microsoft Dynamics 365, CRM technologies and executive leadership. He has received multiple awards recognizing excellence in customer delivery, product quality and organizational leadership throughout his career. His appointment reinforces IGSC's commitment to attracting world-class leadership capable of executing ambitious growth initiatives while maintaining the highest standards of corporate governance and shareholder stewardship. His identity and nationality are consistent with official identification documents provided to the Company. New Risk • Jun 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$4.05m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2017 fiscal period end). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (214% increase in shares outstanding). Market cap is less than US$10m (US$4.05m market cap).