Panache Digilife Limited — JV/Acquisition, 29-04-2026: Acquisition

Panache Digilife has approved an upfront investment of up to Rs 2.25 Cr into its 100% subsidiary, Technofy Digital Private Limited. This strategic capital injection aims to expand Technofy's business operations in Information Technology, encompassing manufacturing, trading, and distribution of IT, electronic & telecommunication products, and IT services. Currently, Technofy Digital has no turnover, highlighting this as a pure growth play designed to enhance Panache's overall tech capabilities and product portfolio. This move signals a push for future revenue streams in the IT sector.