Panth Infinity Limited conducted a comprehensive board meeting on April 02, 2026, addressing multiple strategic initiatives aimed at business expansion and corporate governance enhancement. The meeting, held at the company's registered office from 5:00 PM to 6:00 PM, resulted in several significant approvals subject to shareholder consent under Regulation 30 of SEBI Listing Regulations.

MOA Alteration for Power Sector Expansion

The board approved substantial alterations to the main object clause of the company's Memorandum of Association by inserting sub-clauses 13 and 14 after the existing sub-clause 12. These amendments enable the company to explore opportunities in power, energy, and infrastructure sectors.

The proposed amendments will allow the company to generate, produce, buy, sell, distribute, import, and export electricity from various conventional and non-conventional sources. The expansion also encompasses manufacturing and dealing in machinery, equipment, and systems related to energy generation, transmission, and distribution.

Equity Warrants Issuance

The board sanctioned the issue of up to 55000000 fully convertible equity warrants through preferential allotment. Each warrant is convertible into one fully paid-up equity share with a face value of Rs. 10.00.

The issue price will be determined according to SEBI (ICDR) Regulations, 2018, and the warrants can be exercised in one or more tranches during the 18-month period. The allottees include individuals such as Kashish Patel, Saurabh Madhusudan Patel, Vivek Chauhan, and several HUFs including Pragnesh j. Doshi HUF, Chirag N shah HUF, and Nishant P Kothari HUF.

Shareholding Pattern Impact

The preferential issue will significantly alter the company's shareholding structure:

Director Appointments and Regularizations

The board approved regularization of five director appointments, all subject to shareholder approval:

Executive Leadership

• Mr. Rahilahmed Jafarbhali Shaikh (DIN: 11413227): Regularized as Managing Director for five years effective December 06, 2025. He is a graduate who runs his own business and manages various projects for different clients.

• Mr. Akash Prakash Patil (DIN: 11524328): Appointed as Executive Director for five years from February 05, 2026. He holds a Master's degree in Commerce from Gujarat University and brings financial and accounting expertise from his experience at Sheth Corporation and Devam Enterprise.

• Mr. Debu Sardar (DIN: 11488279): Regularized as Executive Director for five years effective February 05, 2026. A commerce graduate with sales experience at Birati Corporation, he brings practical understanding of business operations and client handling.

Independent Directors

• Mr. Tushar Rameshbhai Bhatt (DIN: 11476133): Appointed as Independent Director for five years from January 13, 2026. He is a post-graduate in Commerce from Gujarat University.

• Ms. Asha Pravin Ughade (DIN: 11524542): Regularized as Independent Director for five years effective February 05, 2026. She holds a Master of Commerce degree from Gujarat University and has accounting experience at Shreeram Corporation and Shreem Enterprise.

All appointed directors hold no shares in the company and are not debarred from holding directorial positions by any regulatory authority.

Administrative Approvals

The board also approved National Securities Depository Limited (NSDL) as the remote e-voting agency for postal ballot resolutions and authorized executive directors and the company secretary to send postal ballot notices to shareholders. The postal ballot notice will be submitted to stock exchanges upon distribution to eligible shareholders.

These comprehensive corporate actions reflect Panth Infinity Limited's strategic focus on expanding into the energy and infrastructure sectors while strengthening its governance structure through experienced leadership appointments.

Panth Infinity Limited has notified BSE Limited about a statutory auditor firm name change under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's statutory auditor firm has changed its name from M/s. Patel Jain & Associates to M/s Bhatt Shah Mekhia & Co., effective January 20, 2026.

Auditor Firm Name Change Details

The notification was submitted to BSE on March 28, 2026, by Managing Director Rahilahmed Jafarbhai Shaikh. The company received intimation about the name change from the statutory auditor on January 20, 2026, the same date the change became effective.

Continuity of Auditor Services

The company emphasized that this change pertains only to the audit firm's name and does not result in any change in the engagement of statutory auditors. M/s Bhatt Shah Mekhia & Co. will continue to act and discharge its responsibilities as the statutory auditor of Panth Infinity Limited for the remaining period of the approved tenure.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The company has requested BSE to take this information on record for regulatory compliance purposes.

Panth Infinity Limited, incorporated in 1993 and based in Ahmedabad, Gujarat, maintains its registered office at 107, Sudershan Office Complex, Nr Mithakhali Under Bridge, Navrangpura, Ashram Road.