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Panabyte Technologies LtdImportant, 01-10-2025: Company Update

01-10-2025 | 06:41 pm

Panabyte Technologies Limited's board has approved a capital raise through a preferential allotment of up to 2,95,000 new equity shares. These shares will be issued at ₹40 each, bringing in ₹1.18 Cr for the company. This strategic allotment to a mix of promoters and other investors aims to bolster the company's financial resources. Shareholder consent is required for this funding, and an Extra-ordinary General Meeting will be convened to seek their approval.

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