- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
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Panth Infinity's Board has approved a significant increase in its authorized share capital from ₹37 Cr to ₹111 Cr, which will enable future share issuance. The Board also gave its approval to raise up to ₹50 Cr through equity shares, convertible bonds, or other instruments, potentially via a Qualified Institutions Placement or preferential allotment. An Extra-Ordinary General Meeting will be convened to seek shareholder approval for this fundraise and other previous board decisions, including converting loans into equity. This strategic move aims to bolster the company's financial capabilities and support its growth initiatives.