Change in designation of Mr. Akash Prakash Patil (DIN: 11524328) from Executive Director (Additional) to Non-Executive Director (Additional) of the Company.
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Panth Infinity Ltd has informed the BSE that its Board of Directors, at a meeting held on June 9, 2026, approved a change in designation of Mr. Akash Prakash Patil (DIN: 11524328) from Executive Director (Additional) to Non-Executive Director (Additional), effective June 9, 2026, subject to shareholder approval. Mr. Patil is a commerce postgraduate from Gujarat University with prior experience in accounting and financial operations at Sheth Corporation and Devam Enterprise. The filing confirms he is not related to any existing directors on the board and has not been debarred from holding a director position by SEBI or any other authority. The board meeting lasted 30 minutes (4:00 PM to 4:30 PM).
This is a routine board-level reorganization where a director moves from an operational (executive) role to an oversight (non-executive) role, with no change in board composition. For shareholders, the impact is largely neutral — it may slightly reduce the number of executive directors on the board but does not affect day-to-day operations or shareholding structure.