Incorporate a wholly owned subsidiary of the Company in UAE, Al Subh Enterprise FZ-LLC, or Acquire an existing company in UAE, which shall be engaged exclusively in IT-related business operations
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Panth Infinity Ltd's board, at a meeting on December 3, 2025, approved setting up a wholly owned subsidiary in the UAE named Al Subh Enterprise FZ-LLC, or alternatively acquiring an existing UAE company, to carry out IT-related operations. The subsidiary will be 100% owned by Panth Infinity, with 100 shares issued initially and full capital commitment from the parent company. Panth Infinity will retain complete control over director appointments and voting rights. The investment will be made through cash or banking channels, and Managing Director Sendhabhai Amrutbhai Makvana will serve as the nominee shareholder.
This is a strategic international expansion into the UAE for IT business, which could open new revenue streams but also adds execution and currency risk for shareholders. Since the subsidiary is not yet incorporated and no financial details of the target are available, the near-term stock impact is likely limited.