Panabyte Technologies Director's immediate relative, Sabita Mundhra, has significantly reduced her shareholding in the company through open market transactions.

Transaction Details

On November 17, 2025, Sabita Mundhra disposed of 33,334 equity shares of Panabyte Technologies through open market transactions. This move resulted in a decrease in her shareholding from 100,000 shares to 66,666 shares.

Impact on Voting Rights

The transaction has reduced Sabita Mundhra's stake in the company's total voting capital from 1.49% to 1.00%, marking a decrease of 0.49 percentage points.

This change in shareholding by a director's immediate relative may be of interest to investors and market analysts monitoring insider transactions and ownership patterns in Panabyte Technologies.

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.