Eovting results along with scrutiniser''s report in respect of Extra-Ordinary General Meeting held on October 09, 2025.
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Panth Infinity Limited held an Extra-Ordinary General Meeting (EOGM) on October 9, 2025, via video conferencing, where shareholders approved all three Special Resolutions. Resolution 1 approved the conversion of loans into equity, and Resolution 2 approved the issue of equity shares upon conversion of unsecured loans. Resolution 3 authorized raising capital of up to ₹50 crore through a Qualified Institutions Placement (QIP) to eligible investors via equity shares or other eligible securities. Out of 30,445 total shareholders, only 34 public shareholders attended via VC, with 25,25,367 votes polled (about 10.14% of outstanding shares). All three resolutions passed with 98.38% votes in favor and 1.62% against. Notably, no promoter or promoter group votes were recorded.
Existing public shareholders face significant potential equity dilution from (a) the conversion of loans into equity, (b) issue of shares from unsecured loan conversion, and (c) a QIP raise of up to ₹50 crore. The QIP authorization alone could expand the share capital substantially and may weigh on the stock price in the near term.