Panabyte Technologies to Consider Fund Raising Through Securities Issuance

1 min read     Updated on 25 Sept 2025, 03:43 PM
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Jubin VergheseScanX News Team
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Overview

Panabyte Technologies Limited (BSE: 538742) has scheduled a board meeting for October 1, 2025, to consider and potentially approve fund raising through the issuance of securities or convertible warrants. The company may explore preferential allotment and other permissible modes, subject to necessary approvals. A trading window closure has been implemented for designated persons and their immediate relatives until 48 hours after the board meeting outcome is announced.

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*this image is generated using AI for illustrative purposes only.

Panabyte Technologies Limited, a company listed on the Bombay Stock Exchange (BSE) under the scrip code 538742, has announced a crucial board meeting scheduled for October 1, 2025. The primary agenda of this meeting is to evaluate and potentially approve a proposal for raising funds through the issuance of securities or warrants convertible into equity shares.

Key Points of the Announcement

  • Board Meeting Date: October 1, 2025
  • Purpose: To consider and potentially approve fund raising through securities issuance
  • Issuance Methods: May include preferential allotment and other permissible modes
  • Regulatory Compliance: Subject to necessary shareholder and statutory approvals

Regulatory Filings and Compliance

The company has duly informed the BSE about this upcoming board meeting, adhering to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. This step ensures transparency and keeps the stakeholders informed about potential significant corporate actions.

Trading Window Closure

In line with regulatory requirements and to prevent insider trading, Panabyte Technologies has implemented a trading window closure:

  • Affected Parties: All designated persons and their immediate relatives
  • Duration: Effective immediately until 48 hours after the board meeting outcome is announced
  • Regulatory Basis: Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the Company's Internal Code for Prohibition of Insider Trading

Implications and Next Steps

The potential fund raising, if approved, could have significant implications for Panabyte Technologies' financial structure and future growth plans. Shareholders and potential investors will be keenly awaiting the outcome of this board meeting, as it may impact the company's capital structure and stock performance.

The company has emphasized that any fund raising activity will be conducted in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, as amended.

Investors and stakeholders are advised to keep an eye out for further announcements from Panabyte Technologies regarding the results of the board meeting and any decisions made concerning the proposed fund raising initiative.

Historical Stock Returns for Panabyte Technologies

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Panabyte Technologies Secures ₹1.06 Crore Order for 800 Walker Brand Laptops

1 min read     Updated on 17 Sept 2025, 01:51 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

Panabyte Technologies Limited has received a purchase order worth ₹1.06 crore for 800 units of Walker brand laptops from a leading online platform partner. The order is to be completed within one month and is seen as a validation of growing market demand for the Walker brand. Prakash Vichhivora, Chairman & Managing Director, expressed delight at this development, viewing it as a strategic milestone for the company's expansion in the technology hardware sector. The transaction involves a domestic entity and is not a related party transaction.

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*this image is generated using AI for illustrative purposes only.

Panabyte Technologies Limited has announced a significant milestone in its expansion within the technology hardware sector. The company has received a purchase order worth ₹1.06 crore for supplying 800 units of Walker brand laptops from a leading online platform partner.

Order Details

The order, which is scheduled for completion within one month, represents a strategic achievement for Panabyte Technologies. The company views this as a validation of the growing market demand for its Walker brand, which is registered under Panabyte Technologies Limited.

Key Points of the Transaction

Aspect Details
Order Value ₹1,05,60,056 (One Crore, Five Lakhs, Sixty Thousand and Fifty-Six Rupees)
Quantity 800 units of Walker brand laptops
Buyer A leading online platform partner (domestic entity)
Execution Timeline Within one month

Company Statement

In an official statement, Prakash Vichhivora, Chairman & Managing Director of Panabyte Technologies Limited, expressed delight at this development. He stated, "We are absolutely delighted as this significant purchase order stands as a strong validation of the growing market demand and trust in our 'Walker' brand, and marks a strategic milestone in accelerating Company's expansion in the technology hardware sector."

Transaction Nature

It's worth noting that this transaction involves a domestic entity and does not constitute a related party transaction. The company has confirmed that neither the promoters nor the promoter group have any interest in the entity that awarded the order.

Market Implications

This order comes as a positive development for Panabyte Technologies, potentially signaling increased traction for its Walker brand in the competitive laptop market. The successful execution of this order could pave the way for future growth and establish stronger partnerships with online retail platforms.

As the technology hardware sector continues to evolve, Panabyte Technologies' ability to secure such orders may be indicative of its growing presence and competitiveness in the market. Investors and industry observers will likely be watching closely to see how this development impacts the company's performance in the coming quarters.

Historical Stock Returns for Panabyte Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+4.68%+9.56%-6.90%-0.41%-17.21%+102.42%
Panabyte Technologies
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