Panth Infinity Ltd — Important, 19-08-2025: Company Update
19-08-2025 | 02:16 pm
19-08-2025 | 02:16 pm
Panth Infinity Limited has withdrawn its previously announced fund-raising plans, which included an increase in Authorized Share Capital from ₹37 Cr to ₹132 Cr, and preferential issues involving both conversion of unsecured loans and up to 5 Cr equity shares. This reversal is due to the majority of proposed investors pulling out their investment. The company will convene a new board meeting soon to explore alternative fund-raising options. Separately, the company has approved maintaining its books of accounts at a new location.
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