Panache Digilife Limited announced the outcomes of its Board meeting held on April 29, 2026, where directors approved and took on record the audited financial results for the quarter and year ended March 31, 2026. The Board meeting, which commenced at 12:00 p.m. and concluded at 8:00 p.m., addressed key financial and strategic matters pursuant to Regulation 30 and 33 of SEBI Listing Regulations.

Board Meeting Outcomes and Regulatory Compliance

The Board of Directors approved the audited standalone and consolidated financial results for FY26, with statutory auditors M/s. Jain Salia & Associates issuing an unmodified opinion on the results. Company Secretary & Compliance Officer Harshil Chheda and CFO & Whole Time Director Nitesh Savla signed the regulatory filings, ensuring compliance with listing obligations.

Financial Performance Highlights

The company demonstrated exceptional growth across all key financial parameters for FY26:

Quarterly Performance Analysis

For Q4 FY26, the company reported strong quarterly results:

Capital Allocation and Expansion Plans

During the quarter, the company received balance payment of ₹60.75 per warrant for 7,86,000 warrants, aggregating ₹477.495 lakhs, resulting in allotment of 7,86,000 equity shares of face value ₹10 each. The proceeds have been utilized for business growth, general corporate purposes, and working capital requirements.

Exceptional Items and Strategic Considerations

The financial results include exceptional items of ₹346.44 lakhs, comprising provision for gratuity pertaining to past service cost due to new Labour Code Law implementation and write-offs for long outstanding customer dues deemed non-recoverable by management.

Subsidiary Operations and Future Outlook

The financial statements of wholly owned subsidiary Technofy Digital Private Limited have been prepared on a non-going concern basis considering current operational status. However, management believes this does not adversely impact the carrying value of investment or loan recoverability, based on strategic intent and evaluation of emerging opportunities in the manufacturing segment, particularly within IT and electronics sector.

Panache Digilife Limited has announced the appointment of M/s. Sanket Sangoi & Associates, Chartered Accountants, as Internal Auditor for the Financial Year 2026-27. The decision was approved by the company's Board of Directors during their meeting held on April 29, 2026.

Board Meeting Details

The Board of Directors meeting commenced at 12:00 p.m. and concluded at 8:00 p.m. on April 29, 2026. The appointment was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

Professional Profile

Mr. Sanket K. Sangoi is a fellow member of the Institute of Chartered Accountants of India, holding Membership No. 153310 since 2012. He has been practicing under the firm name 'M/s. Sanket Sangoi & Associates' with FRN 137348W since 2013.

The firm brings substantial expertise in multiple areas:

• Statutory audits
• Internal audits
• Tax audits
• Direct and indirect tax compliances
• Other related professional services

Regulatory Compliance

The disclosure was made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated January 30, 2026. The company has fulfilled all necessary regulatory requirements for the appointment and provided comprehensive details as mandated by the securities regulations.

The appointment reflects Panache Digilife Limited's commitment to maintaining robust internal audit processes and ensuring compliance with regulatory standards for the upcoming financial year.