Panafic Industrials Ltd — Important, 26-05-2026: Company Update

Panafic Industrials Limited has approved the allotment of 41,06,25,000 fully paid-up equity shares following its Rights Issue. These shares, with a face value of 1/- each, were issued at a price of 21/- per share, raising approximately 862.31 Cr for the company. This allotment significantly boosts the company's capital, increasing its total paid-up shares from 8,21,25,000 to 49,27,50,000. This move strengthens the company's financial base and provides capital for operations.