Panth Infinity Ltd — Updates, 20-06-2025: Company Update
20-06-2025 | 07:05 pm
20-06-2025 | 07:05 pm
Panth Infinity Limited has announced a board meeting that approved proposing shareholders to increase the authorized share capital from ₹37 Cr to ₹132 Cr through issuance of equity shares of ₹10 each. The board approved converting unsecured loans into equity shares and issuing up to 50.3 million equity shares on a preferential basis to multiple non-promoter investors. Additionally, it approved issuing up to 50 million equity shares on a preferential basis to 10 individual non-promoter investors. The company also approved adding new business objects related to filmmaking, agri-commodities, and artificial intelligence (AI) in its Memorandum of Association. Shareholder approval will be sought via EGM or postal ballot.
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