Panabyte Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/10/2025 ,inter alia, to consider and approve and evaluate and if deem ....
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Panabyte Technologies Ltd has informed BSE that its Board of Directors will meet on October 1, 2025, to consider raising funds by issuing securities or warrants convertible into equity shares. The proposed fund raise would be done through permissible modes including preferential allotment, under SEBI ICDR Regulations 2018 and the Companies Act 2013. The issue is subject to shareholder and statutory approvals. The trading window for insiders has been closed with immediate effect until 48 hours after the board meeting outcome is announced.
The proposal signals potential dilution for existing shareholders if the board approves the fund raise. The size, pricing, and structure of the issue will determine the actual impact on shareholders and stock price once announced.