Panache digilife Limited has announced the appointment of M/s. Kishore Bhatia and Associates as its Cost Auditor for Financial Year 2026-27. The appointment was approved by the company's Board of Directors during their meeting held on April 29, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting Details

The Board of Directors meeting was conducted on April 29, 2026, where the appointment was formally considered and approved. The meeting had an extended duration, commencing at 12:00 p.m. and concluding at 8:00 p.m. The company disclosed the appointment details pursuant to SEBI Master Circular requirements.

Appointment Details

About the Appointed Firm

M/s. Kishore Bhatia and Associates is a Mumbai-based firm of practicing Cost Accountants offering comprehensive services to its clientele. The firm specializes in various costing assignments including cost audit, certifications, setting up costing systems, cost consultancy, and costing-based turnaround strategies across diverse industries.

The firm's expertise spans multiple sectors:

• Pharmaceuticals and medical devices
• Engineering and construction
• Chemicals and insecticides
• Real estate and infrastructure
• Steel and telecommunications
• Plastics, polymers, and petroleum
• FMCG, paints, and energy
• Ports and roads

Professional Capabilities

Beyond cost auditing services, M/s. Kishore Bhatia and Associates also handles internal audit assignments, stock and assets verification, and industry studies. The firm is equipped with highly qualified partners and maintains an experienced professional team to serve its diverse client base across various industrial sectors.

Regulatory Compliance

The appointment disclosure was made in accordance with Regulation 30 of SEBI Listing Regulations and SEBI Master Circular requirements. Company Secretary and Compliance Officer Harshil Chheda signed the disclosure documents, ensuring proper regulatory compliance and transparency in the appointment process.

Panache Digilife Limited has announced an investment initiative with its Board of Directors approving an upfront investment of up to Rs 2.25 crores in Technofy Digital Private Limited, its wholly owned subsidiary, as part of proposed capital expenditure for expansion of business operations. The decision was made during a board meeting held on April 29, 2026, and disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Details

The approved investment encompasses strategic expansion activities for Technofy Digital Private Limited. The investment will be made through cash consideration and is expected to be completed within approximately 6 months.

Target Entity Information

Technofy Digital Private Limited is a private company incorporated on June 4, 2019, with its registered office in Mumbai, India. The entity operates in the Information Technology sector and is engaged in the business of manufacturing, trading & distribution of IT, electronic & telecommunication products and providing IT services and related designing services.

Financial Performance

Technofy Digital Private Limited has reported NIL turnover for the past three financial years.

Board Meeting and Related Party Transaction

The Board of Directors conducted a meeting to deliberate on this investment decision. Technofy Digital Private Limited, being a wholly owned subsidiary, is a related party of the company. The transaction falls within the ambit of related party transactions and is at arm's length. None of the promoter, promoter group, or group companies have interest in Technofy Digital Private Limited except Mr. Amit Rambhia, Mr. Nikit Rambhia and their relatives who are considered as interested being part of promoter/promoter group of the company.

The investment is of strategic nature and will help the company in expanding the business operations of Technofy Digital Private Limited. The announcement was formally communicated to the National Stock Exchange of India Limited as part of the company's regulatory disclosure obligations.