Panth Infinity Limited shareholders approved the appointment of M/s Bhatt Shah Mekhia & Co. as the statutory auditors and sanctioned an increase in the company's authorised share capital during an Extra-Ordinary General Meeting (EGM) held on July 07, 2026. The meeting also saw the passage of resolutions regarding the preferential allotment of equity shares and significant changes to the board of directors, including the regularisation of the Managing Director and the appointment of new Independent Directors. Furthermore, the company approved the relocation of its registered office from Gujarat to West Bengal. All resolutions were passed with over 99.99% of votes in favour.

Board and Auditor Appointments

The EGM passed an ordinary resolution to appoint M/s Bhatt Shah Mekhia & Co. as the statutory auditors of the company. In terms of board composition, Mr. Rahilahmed Jafarbai Shaikh (DIN: 11413227) was appointed and regularised as the Managing Director through an ordinary resolution. The board also saw the appointment of three new directors: Mr. Tushar Rameshbhai Bhatt (DIN: 11476133) and Ms. Asha Pravin Ughade (DIN: 11524542) as Non-Executive Independent Directors via special resolutions, and Mr. Debu Sardar (DIN: 11488279) as an Executive Director via an ordinary resolution.

Capital Restructuring and Share Issuance

Shareholders approved an ordinary resolution to increase the authorised share capital of the company. To facilitate capital raising, the meeting passed two special resolutions: one to offer, issue, and allot equity shares (other than cash) on a preferential basis, and another to issue equity shares on a preferential basis. A change in designation was also approved for Mr. Akash Prakash Patil (DIN: 11524328), who will transition from Executive Director to Non-Executive Non-Independent Director.

Corporate Restructuring

A special resolution was approved to shift the registered office of Panth Infinity Limited from the State of Gujarat to the State of West Bengal. The meeting concluded at 2:50 P.M. after all business was transacted. The company stated that detailed voting results, as required under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been disclosed.

Panth Infinity has appointed M/s. Sarang Shivajirao Chavan and Associates as its statutory auditor effective June 26, 2026, following the resignation of M/s Bhatt Shah Mekhia & Co. The decision was taken by the board based on the recommendation of the audit committee. The new auditor will hold office until the conclusion of the ensuing general meeting.

M/s Bhatt Shah Mekhia & Co. resigned as statutory auditor effective June 26, 2026, citing pre-occupation in other professional work. The firm was previously appointed on October 27, 2025. The board placed on record its appreciation for the guidance and contribution made by the outgoing auditor during their tenure.

The appointment and resignation disclosures were made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Auditor Details

M/s. Sarang Shivajirao Chavan & Associates is a Chartered Accountant firm based in Ahmedabad, recognized for providing services such as statutory audit, internal audit, tax audit, and GST compliances. The outgoing auditor, M/s Bhatt Shah Mekhia & Co., had submitted its audit report for the year ended March 31, 2026, on May 13, 2026.