Panache Digilife Limited has informed the Exchange regarding Appointment of Mr. H Sri Ram Venkat as GM - Key Account Manager (Senior Management Personnel) of the company w.e.f. May 28, 2025.
PANACHE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Panache Digilife's board, at its May 13, 2025 meeting, approved audited standalone and consolidated results for Q4 and FY25 with an unmodified auditor opinion. Standalone FY25 revenue rose to Rs. 115.03 crore (up ~19% from Rs. 96.50 crore in FY24), while standalone profit jumped sharply to Rs. 5.86 crore from Rs. 0.41 crore, with basic EPS of Rs. 41.79. Q4 FY25 standalone revenue was Rs. 60.02 crore with a profit of Rs. 2.20 crore. The board also appointed M/s. D.M. Zaveri & Co. as Secretarial Auditor for 5 years (FY26–FY30), Sanket Sangoi & Associates as Internal Auditor for FY26, and Kishore Bhatia & Associates as Cost Auditor for FY26. Additionally, Mr. H Sri Ram Venkat was appointed as GM – Key Account Manager (Senior Management Personnel), effective May 28, 2025.
Strong turnaround in FY25 profits and healthy revenue growth are positive signals for shareholders, though the wholly-owned subsidiary Technofy Digital remains classified as 'not a going concern.' The auditor and SMP appointments are routine and not expected to materially affect the stock in the near term.