Panache Digilife Limited has informed the Exchange regarding allotment of 7,86,000 equity shares of Rs 10/- each pursuant to conversion of warrants on January 05, 2026.
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Panache Digilife has allotted 7,86,000 equity shares of ₹10 each after the promoters exercised their warrants. The warrants were originally issued on August 17, 2024, at a total issue price of ₹81 per warrant, of which the 75% balance amount (₹60.75 per warrant) was received now, totaling ₹4.77 crore. Two promoters, Amit D Rambhia and Nikit D Rambhia, each converted 3,93,000 warrants into equity shares. Post-allotment, the company's paid-up share capital has increased to ₹16.01 crore, comprising 1,60,14,000 equity shares.
This is a promoter-led preferential conversion that expands the share count by about 5.2% and brings in ₹4.77 crore to the company. Since the new shares are allotted to existing promoters, their combined stake remains dominant, and the dilution is modest, so the price impact is expected to be limited.