Panache Digilife Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on March 13, 2026
PANACHE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Panache Digilife held an Extra Ordinary General Meeting on March 13, 2026 via video conference, lasting just 7 minutes (3:00 PM to 3:07 PM). The only business item transacted was a Special Resolution to issue up to 6,07,348 convertible warrants to non-promoter entities on a preferential basis, with each warrant convertible into one equity share within 18 months. The meeting was attended by Chairman and Joint Managing Director Nikit Rambhia, Independent Directors Shailesh Gala and Tejaswini More, Company Secretary Harshil Chheda, along with representatives of the statutory auditors and the scrutinizer. Three directors (Amit Rambhia, Nitesh Savla, and Jayesh Rambhia) were absent, and no member registered to speak. The actual voting results are pending and will be announced separately by the scrutinizer.
The preferential issue of warrants to non-promoters, if fully converted, would add 6,07,348 new equity shares, leading to dilution for existing shareholders. Investors should watch for the scrutinizer's voting results and the eventual pricing/terms of the warrant issue to assess the financial impact.