StockWatch
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Diversified Commercial Services
Board Meeting8 Aug 2026, 08:10 pm

Photon Capital Board Approves Q1 FY27 Results, Name Change, ₹500 Cr Limits

AI Summary

The Board of Directors of Photon Capital Advisors Ltd, in its recent meeting, approved the unaudited financial results for the quarter ended June 30, 2026, reporting a profit of ₹16.11 lakhs. Key decisions also included the appointment of Mr. Navneeth Subramanian as an Additional Non-Executive Independent Director, subject to shareholder approval. The Board resolved to hold the 41st Annual General Meeting (AGM) on September 21, 2026. Significant financial approvals included increasing borrowing limits and approval for loans, guarantees, securities, and investments, both up to ₹500 crore, subject to shareholder consent. The company also approved the alteration of its main object clause and a change of its name from “Photon Capital Advisors Limited” to “Inference Platforms Limited,” pending regulatory and shareholder approvals. Furthermore, the Board approved the “Inference Platforms Employees Stock Option Scheme, 2026” and “Inference Platforms Employees Stock Purchase Scheme, 2026,” subject to shareholder approval.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results, profit ₹16.11 lakhs.
  • Approved increase in borrowing limits up to ₹500 crore.
  • Approved loans, guarantees, investments up to ₹500 crore.
  • Company name change to "Inference Platforms Limited" approved.
  • Approved ESOP and ESPS schemes; appointed new Independent Director.