Panafic Industrials Ltd. Board Approves Name Change to Panafic Investment and Finance Ltd.

Panafic Industrials Ltd. announced the outcome of its Board Meeting held on August 17, 2026. Key decisions included the approval of the Draft Director's Report for FY26, the appointment of a new director, and a significant change in the company's name from Panafic Industrials Limited to "Panafic Investment and Finance Limited", subject to shareholder approval. The company also approved alterations to its Memorandum and Articles of Association to reflect the name change. Additionally, M/s. J Sharma & V Sharma Associates were appointed as Secretarial Auditors for five years, and JVP & Associates as a scrutinizer for the upcoming 41st Annual General Meeting. The meeting also set the cut-off date for e-voting and book closure, and announced the date for the 41st AGM.