ALPHA TRIBE

Panache Digilife LimitedBoard Meeting, 21-01-2025: Outcome of Board Meeting

21-01-2025 | 04:24 pm

Panache Digilife Limited's board meeting resulted in key decisions, notably approving the financial results for the quarter and nine months ended December 31, 2024. The consolidated revenue from operations stood at ₹20.81 crore for the quarter, reflecting a steady performance. The Board re-appointed Mr. Shailesh Gala as an Independent Director for a second five-year term, subject to shareholder approval. Additionally, an investment of up to ₹0.25 crore in ICT Infratech Services Private Limited was approved, along with acquiring a 40% stake in AIR Digilife Private Limited, converting it into a wholly-owned subsidiary.

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