Panth Infinity Ltd has scheduled an Extraordinary General Meeting (EGM) on July 7, 2026, at its registered office in Ahmedabad to seek shareholder approval for increasing its authorised share capital and issuing equity shares on a preferential basis. The meeting, set to begin at 2:30 PM IST, will also address the shifting of the registered office from Gujarat to West Bengal. Shareholders can participate via remote e-voting from July 4 to July 6, 2026, with voting rights determined based on shareholding as of June 30, 2026.

Key Proposals

The board proposes to increase the authorised share capital from ₹111 crore to ₹126 crore by issuing 1.5 crore additional equity shares of ₹10 each. Additionally, the company seeks approval to issue up to 6.30 crore equity shares and 73 lakh equity shares on a preferential basis to non-promoters. The issue price is fixed at ₹15.50 per share, including a premium of ₹5.50.

Preferential Allotment Details

The preferential issue of 6.30 crore shares is for consideration other than cash, specifically for acquiring stakes in Gromo Trading Private Limited, Samyak Enterprise Private Limited, and Shital Trade Link Private Limited. The second preferential issue of 73 lakh shares aims to raise ₹11.31 crore for the purchase of land. The relevant date for price determination is June 5, 2026.

Other Business

The EGM will also consider the appointment of M/s Bhatt Shah Mekhia & Co. as statutory auditors for FY26. Furthermore, the board seeks approval to regularise the appointment of Mr. Rahilahmed Jafarbhai Shaikh as Managing Director and appoint Mr. Tushar Rameshbhai Bhatt and Ms. Asha Pravin Ughade as Non-Executive Independent Directors. The proposal to shift the registered office from Gujarat to West Bengal, subject to regulatory approvals, is also on the agenda.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE945O01019/171c8d8f-13ac-4213-9ef1-a9ff26097021.pdf

Panth Infinity Limited has approved the change in designation of Mr. Akash Prakash Patil from Executive Director (Additional) to Non-Executive Director (Additional), effective June 09, 2026. This decision, taken by the Board of Directors, is subject to the approval of the shareholders. The move follows a recommendation by the Nomination and Remuneration Committee.

The Board meeting was held on June 09, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The meeting commenced at 04.00 PM and concluded at 04.30 PM. The company has disclosed that Mr. Patil is not debarred from holding the office of director by any SEBI order or other authority.

Mr. Akash Prakash Patil is a commerce postgraduate with a Master's degree from Gujarat University. He has practical experience in accounting and financial operations, having worked in the accounts department at Sheth Corporation and as an Accountant at Devam Enterprise. His expertise includes financial management, bookkeeping, and compliance-related activities.

The disclosure regarding the change in designation was made in compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Mr. Patil is not related to any of the other directors of the company.

Details of Change in Designation