Panache Digilife Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
PANACHE · price
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Panache Digilife Limited has filed a statement confirming no deviation or variation in the utilization of proceeds from a Preferential Issue of Convertible Warrants. The company raised Rs. 4,77,49,500 (balance 75% of total consideration) with allotment dated 05th January, 2026. The funds were allocated for growth in business, general corporate purposes, and working capital requirements. The entire raised amount of Rs. 4,77,49,500 has been utilized. The Audit Committee reviewed the statement for the quarter ended March 31, 2026, and raised no comments. This is a routine compliance filing under SEBI regulations.
Positive signal for shareholders — the company has properly utilized the raised funds as intended without any deviation, indicating compliance with disclosed objectives and proper governance oversight.