Panabyte Technologies Ltd — Updates, 30-04-2025: Company Update

Panabyte Technologies Limited has announced a board meeting regarding the allotment of 3,50,000 Warrants, each convertible into one equity share. The total subscription amount received for these Warrants is ₹42,00,000 (43.00 crore). Each Warrant is priced at ₹12, with a Warrant exercise price of ₹36, leading to a total issue price of ₹48 per Warrant, which aggregates to ₹1,68,00,000 (1.68 crore). These Warrants will allow stakeholders, primarily from the promoter group, to convert them into equity shares within 18 months. This move indicates the company's strategy to bolster its equity base and potentially enhance liquidity for shareholders.