Panabyte Technologies Limited has reported a significant turnaround in its financial performance for the quarter ended September 30, 2025, alongside a strategic move to strengthen its equity base.

Quarterly Financial Highlights

The company posted a profit of Rs. 36.21 crore for the quarter, marking a substantial improvement from a loss of Rs. 13.09 crore in the previous quarter. This positive shift in profitability underscores a notable recovery in the company's operations.

Panabyte's revenue from operations reached Rs. 286.50 crore for the quarter, contributing to a total income of Rs. 293.45 crore. This revenue performance indicates robust business activity during the period.

Warrant Conversion and Equity Enhancement

In a significant corporate action, Panabyte Technologies converted 3,65,000 warrants into equity shares, raising Rs. 54.02 lakh. This conversion is part of a larger warrant issuance program initiated in the previous year. Key details of the transaction include:

• The company issued 24,00,000 warrants in June 2024 to non-promoters at Rs. 19.75 per warrant.
• In the current quarter, 3,65,000 warrants were converted into equity shares upon receiving the balance payment of Rs. 14.80 per warrant.
• The paid-up equity share capital increased from 51,30,000 shares to 54,95,000 shares following this conversion.

Financial Position and Cash Flow

As of September 30, 2025, Panabyte Technologies reported:

The company's cash flow statement indicates a positive net cash flow from financing activities of Rs. 28.95 crore for the period ended September 30, 2025.

Management Commentary

Prakash Vichhivora, Chairman & Managing Director of Panabyte Technologies, stated, "The proceeds from the warrant conversion will be utilized for general corporate purposes and working capital requirements, supporting our ongoing growth initiatives."

Market Implications

The company's return to profitability, coupled with the successful conversion of warrants, may be viewed positively by investors. The increased equity base could potentially improve Panabyte's financial flexibility and capacity for future growth.

Investors and analysts will likely monitor how effectively the company utilizes the additional capital to drive sustainable growth and maintain profitability in the coming quarters.

Panabyte Technologies Limited, a company listed on the BSE, held an Extra-ordinary General Meeting (EGM) on October 30, 2025, to seek shareholder approval for a significant corporate action. The meeting, conducted through video conference, saw shareholders voting on a special resolution to issue up to 2,95,000 equity shares on a preferential basis to both promoters and non-promoters.

Key Highlights of the EGM

• Date and Time: October 30, 2025, at 3:00 p.m. IST
• Mode of Meeting: Video Conference
• Attendance: 39 shareholders, including 1 from the Promoter and Promoter Group and 38 from the Public
• Resolution Type: Special Resolution
• Voting Method: Remote e-voting and e-voting during the EGM

Preferential Issue Details

The special resolution proposed the issuance of up to 2,95,000 equity shares to members of the Promoter and Non-promoter groups. This decision follows the Board of Directors' approval of the preferential issue on October 1, 2025.

Voting Results

The resolution was passed with an overwhelming majority, securing 99.9989% of the votes in favor.

Management's Perspective

Mr. Hetal Vichhivora, Whole-Time Director of Panabyte Technologies, emphasized the strategic importance of this preferential issue. He stated, "Raising funds through a preferential issue is the most cost-effective and time-efficient method for securing additional capital. This strategic move not only ensures an inflow of investment but also significantly enhances our confidence in meeting the funding requirements essential for the company's growth."

Utilization of Funds

The company plans to use the proceeds from this preferential issue for:

• Supporting business plans
• Facilitating company growth
• General corporate purposes
• Meeting working capital needs

Conclusion

The successful passage of this resolution marks a significant step for Panabyte Technologies Limited in its efforts to secure additional capital for growth and operational needs. The strong shareholder support, as evidenced by the voting results, suggests confidence in the company's strategic direction and management decisions.

Investors and stakeholders will likely keep a close watch on how the company utilizes these funds and the impact on its future performance and market position.