Panth Infinity Ltd — Important, 16-09-2025: Company Update
16-09-2025 | 07:52 pm
16-09-2025 | 07:52 pm
Panth Infinity Limited's board has approved a significant increase in its authorized share capital, moving from ₹37 crore (3.7 crore shares) to ₹111 crore (11.1 crore shares). This strategic move paves the way for the company to raise up to ₹50 crore through various securities, including qualified institutions placements (QIPs). The company plans to hold an Extra-Ordinary General Meeting (EOGM) to seek shareholder approval for this fund-raising initiative, along with previously approved plans for converting loans into equity and a preferential issue. This expansion of capital and fundraising capability is crucial for future business operations and growth.
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