Panache Digilife Limited — Others, 21-01-2025: Appointment

Panache Digilife Limited has announced a board meeting where the Board approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The firm reported a revenue of ₹20.74 crore for the quarter and profit after tax of ₹2.02 crore. Additionally, Mr. Shailesh Gala has been re-appointed as an Independent Director for a five-year term commencing May 29, 2025, pending shareholder approval. The Board also approved an investment of up to ₹25 lakh in ICT Infratech Services and acquired a 40% stake in AIR Digilife Private Limited, turning it into a wholly owned subsidiary. This strategic investment initiative may enhance operational capabilities and drive growth, presenting a positive outlook for investors.