Panabyte Technologies Limited has informed the Exchange about Statement of Deviation/Variation under Regulation 32 of SEBI(LODR) Regulations, 2015.
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Panabyte Technologies has filed a quarterly statement confirming there is no deviation or variation in the use of funds raised through its Preferential Issue of Convertible Warrants. The report covers the quarter ended September 30, 2025, and has been reviewed by the Audit Committee with no comments. Originally, the company allotted 24,00,000 convertible warrants on April 20, 2024, of which 3,65,000 warrants were converted into equity shares on August 23, 2025, bringing in ₹54.02 lakh at ₹14.80 per warrant (the balance 75% of the issue price).
This is a routine compliance filing and a neutral event for shareholders — it confirms that the money raised from the preferential issue is being used as originally planned, with no misuse or change in purpose. No material impact on stock price is expected.