Panth Infinity Limited has announced significant corporate actions aimed at expanding its capital base and raising funds. The company's Board of Directors has approved a series of proposals that could potentially reshape its financial structure and provide resources for future growth.

Authorized Share Capital Expansion

The Board has proposed a three-fold increase in the company's authorized share capital. The plan involves expanding the capital from Rs. 37.00 crores to Rs. 111.00 crores. This substantial increase would be achieved by:

• Raising the number of equity shares from 3,70,00,000 to 11,10,00,000
• Maintaining the face value of each share at Rs. 10.00

This expansion in authorized share capital, if approved, will require an amendment to the Capital Clause (Clause V) of the company's Memorandum of Association.

Fund Raising Initiative

Alongside the capital expansion, the Board has approved a fund-raising plan of up to Rs. 50.00 crores. This initiative encompasses various financial instruments, including:

• Equity shares
• Convertible bonds (CBs)
• Non-convertible instruments
• Other financial instruments or a combination thereof

The company plans to raise these funds through multiple channels, such as qualified institutional placement (QIP) and other permissible modes, in accordance with SEBI regulations.

Extraordinary General Meeting

To seek shareholder approval for these proposals, Panth Infinity Limited has scheduled an Extraordinary General Meeting (EGM) for October 9, 2025. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with regulatory guidelines.

Key items on the EGM agenda include:

1. Approval for conversion of loans into equity (as approved on August 22, 2025)
2. Proposed preferential issue (approved on August 22, 2025)
3. Qualified Institutions Placement (approved in the recent Board meeting)

Additional Corporate Actions

The company has also taken steps to ensure transparent and efficient conduct of the EGM:

• Appointment of National Securities Depository Limited (NSDL) as the remote e-voting agency
• Engagement of M/s. ALAP & Co. LLP as scrutinizer for the meeting process

Market Implications

These corporate actions signal Panth Infinity Limited's intent to strengthen its financial position and potentially fund future growth initiatives. The significant increase in authorized share capital, coupled with the substantial fund-raising plan, could provide the company with the financial flexibility to pursue strategic opportunities.

Investors and market participants will be closely watching the outcome of the upcoming EGM, as shareholder approval will be crucial for the implementation of these proposed changes.

Panth Infinity Limited , a Gujarat-based company, has made several significant announcements following a board meeting held on September 11. The company has approved key appointments and set the date for its upcoming Annual General Meeting (AGM).

New Managing Director Appointment

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has approved the appointment of Mr. Kalpesh Dilipbhai Amlani (DIN: 08640953) as the Managing Director of the company. Mr. Amlani's appointment is subject to shareholder approval and is set for a five-year term from May 12 to May 12.

Mr. Amlani, residing in Ahmedabad, Gujarat, brings expertise in Business Strategy to his new role. The company believes his vast experience, sound knowledge in various fields, and strong social network will contribute significantly to Panth Infinity's growth and development in the long run.

Auditor Appointments

In addition to the Managing Director appointment, Panth Infinity has made two key auditor appointments:

1. M/s. SCS and Co. LLP, Practising Company Secretaries, has been appointed as Secretarial Auditors for a term of five financial years starting from FY 2025-26 (April 01).

2. The Board has approved and recommended the appointment of M/s. SSRV AND ASSOCIATES, Chartered Accountants (FRN: 135901W), as Statutory Auditors for a term of five consecutive years. This appointment will be effective from the conclusion of the upcoming 32nd Annual General Meeting to the 37th AGM, subject to shareholder approval.

Annual General Meeting and Other Decisions

The company has scheduled its 32nd Annual General Meeting for September 30 at 10:00 P.M. IST. The meeting will be conducted through Video Conference (VC) or Other Audio Visual Means (OAVM) in compliance with applicable circulars from the Ministry of Corporate Affairs (MCA) and SEBI.

Other key decisions from the board meeting include:

• Approval of the Draft Directors' Report for the financial year 2024-25
• Change of the company's registered office within Ahmedabad city limits
• Appointment of National Securities Depository Limited (NSDL) as the Remote E-Voting Agency for AGM resolutions
• Appointment of M/s. ALAP & Co. LLP as scrutinizer for the AGM voting process

These announcements reflect Panth Infinity's focus on strengthening its leadership and ensuring compliance with regulatory requirements as it moves forward in its corporate journey.