Panth Infinity Limited has recently undergone a significant change in its statutory auditing arrangements. The company announced that its current statutory auditors, M/s S S R V & Associates, Chartered Accountants, have tendered their resignation, effective October 13, 2025.

Resignation Details

M/s S S R V & Associates cited preoccupation as the primary reason for their decision to step down from their role. The firm had been serving as the statutory auditors for Panth Infinity Limited and will not be continuing their services for the Financial Year 2025-26.

Company's Response

The Board of Directors of Panth Infinity Limited convened a meeting on October 27, 2025, to address this development. During this meeting, which lasted from 4:30 PM to 5:00 PM, the Board took the following actions:

1. Acknowledged the resignation of M/s S S R V & Associates.
2. Approved the appointment of a new statutory auditor to fill the casual vacancy.

New Auditor Appointment

To ensure continuity in its auditing processes, the Board, based on the recommendation of the Audit Committee, has approved the appointment of M/s Patel Jain & Associates, Chartered Accountants, as the new statutory auditors of the company.

Key details of the new appointment:

M/s Patel Jain & Associates is described as a professionally managed firm providing auditing, tax consultancy, debt syndication, and management consultancy services.

Regulatory Compliance

Panth Infinity Limited has assured that this change in statutory auditors complies with the relevant regulations, including:

• Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019
• SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

The company has duly informed the BSE Limited about these developments and has expressed its appreciation for the professional services rendered by M/s S S R V & Associates during their tenure.

This change in statutory auditors marks a significant corporate action for Panth Infinity Limited. Shareholders and interested parties should note that the appointment of M/s Patel Jain & Associates is subject to approval at the upcoming Annual General Meeting for Financial Year 2025-26.

Panth Infinity Limited , a company listed on the BSE, held a significant Extraordinary General Meeting (EGM) on October 09, 2025, where shareholders gave their nod to three crucial financial resolutions. The meeting, conducted virtually via video conferencing, saw active participation from shareholders, with all proposed resolutions receiving overwhelming support.

Key Resolutions Approved

1. Conversion of Loans into Equity: Shareholders approved the conversion of existing loans into equity shares, a move that could potentially strengthen the company's balance sheet.

2. Issuance of Equity Shares: The approval for issuing equity shares upon conversion of unsecured loans was granted, which may lead to changes in the company's capital structure.

3. Capital Raising: A significant resolution to raise capital up to ₹50.00 crores through qualified institutional placement (QIP) was also approved. This decision opens up avenues for the company to secure substantial funding for its future endeavors.

Voting Highlights

The voting results revealed strong shareholder support for the company's proposals:

Meeting Proceedings

The EGM, which commenced at 04:30 PM IST and concluded at 04:40 PM IST, was attended by 34 public shareholders through the virtual platform. Mr. Sendhabhai Amrutbhai Makvana, the Managing Director, chaired the meeting.

Mr. Kalpesh Dilipbhai Amlani, another Managing Director of the company, led the proceedings, ensuring a smooth flow of the virtual meeting. The company had provided remote e-voting facilities to shareholders from October 06 to October 08, 2025, with additional e-voting options available during the EGM.

Implications and Outlook

The approval of these resolutions, particularly the capital raising initiative through QIP, signals Panth Infinity Limited's intent to strengthen its financial position. The successful conversion of loans to equity and the potential influx of fresh capital could provide the company with increased financial flexibility and resources for future growth strategies.

Investors and market watchers will likely keep a close eye on how Panth Infinity Limited utilizes this shareholder mandate, especially in terms of its capital raising efforts and the subsequent deployment of funds.

As the company moves forward with these approved measures, it will be crucial to observe their impact on Panth Infinity's financial structure, market position, and overall business strategy in the coming months.