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HBPA Tradex Private Limited has increased its stake in Panabyte Technologies Limited by converting 3,65,000 warrants into equity shares. This preferential allotment saw HBPA Tradex acquire shares at an issue price of Rs. 19.75 per share, amounting to Rs. 0.54 Crore. Following this conversion, HBPA Tradex's total holding in Panabyte Technologies stands at 10,00,000 equity shares, representing 14.95% of the expanded equity share capital. This move solidifies HBPA Tradex's ownership position and influence within Panabyte Technologies, reflecting a strategic investment.