Panth Infinity Approves Share Capital Increase and Share Swap Acquisitions
Panth Infinity Ltd's Board of Directors has approved a significant increase in its authorized share capital from Rs. 111 crore to Rs. 126 crore. This move facilitates two key transactions: an acquisition of stakes in Gromo Trading Private Limited (47.27%), Samyak Enterprise Private Limited (47.94%), and Shital Trade Link Private Limited (49.34%) through a share swap, involving the issuance of up to 6,30,00,000 equity shares. Additionally, the company approved a preferential issue of up to 73,00,000 equity shares for cash consideration. The company also announced an Extra-Ordinary General Meeting (EOGM) to be held on July 7, 2026, to seek shareholder approval for these proposals. M/s Brickwork Ratings India Private Limited has been appointed as the Monitoring Agency for the share issuance.
Key Highlights
- Authorized share capital increased to Rs. 126 crore.
- Acquisition of stakes in three private companies via share swap.
- Approval for preferential issue of 73 lakh equity shares.
- EOGM scheduled for July 7, 2026, for shareholder approval.
- Board appointed Brickwork Ratings as Monitoring Agency.