ALPHA TRIBE

Panth Infinity LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Shital Trade Link Private Limited has acquired 7,064,510 equity shares in Panth Infinity Limited through a preferential issue, converting an outstanding unsecured loan into new shares. This acquisition resulted in Shital Trade Link, along with associated persons, holding a 12.81% stake in Panth Infinity's total voting capital. Following the acquisition, Panth Infinity's equity share capital increased from 24.91 Cr (24,912,228 shares of 10 Rupees each) to 55.16 Cr (55,158,758 shares of 10 Rupees each). This move significantly alters the company's ownership structure and converts debt to equity.

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