Panth Infinity Ltd — Important, 22-08-2025: Company Update
22-08-2025 | 08:50 pm
22-08-2025 | 08:50 pm
Panth Infinity Limited's Board has approved significant proposals for shareholder consideration. The company plans to increase its Authorized Share Capital from ₹37 Crore to ₹60 Crore. Additionally, the Board approved converting unsecured loans into up to 3.28 Crore equity shares of ₹10 each on a preferential basis for four proposed allottees. This move, subject to shareholder approval, will significantly expand the company's share capital, allowing for future fundraising flexibility and reducing debt by converting loans into equity. This will result in a substantial increase in outstanding shares.
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