Panache Digilife Limited — JV/Acquisition, 08-05-2025: Acquisition

Panache Digilife has increased its stake in Panache Newage Technology Pvt Ltd to 65.88% by investing Rs 25 lakh via share allotment. This strategic move aims to revive and strengthen Panache Newage’s IT and electronic trading services, positioning it as a key subsidiary. Though Panache Newage currently reports a modest turnover below Rs 5 lakh, the acquisition could enhance Panache Digilife’s IT service offerings and support future growth opportunities in the tech solutions sector.