Increase in authorised share capital and consequent change in Clause V
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Panth Infinity Ltd approved increasing the company's authorised share capital from ₹37 crore (3.7 crore equity shares of ₹10 each) to ₹111 crore (11.1 crore equity shares of ₹10 each), a threefold jump. Alongside this, the Board approved raising funds of up to ₹50 crore through equity shares, convertible bonds, non-convertible instruments, or other securities — likely via a Qualified Institutions Placement (QIP) or preferential allotment, in one or more tranches. The Board also approved conversion of existing loans into equity (from the August 22, 2025 Board meeting) and issued a corrigendum to the 32nd AGM Notice. An Extra-Ordinary General Meeting (EOGM) has been scheduled for October 9, 2025 to seek shareholder approval for these items.
This signals a significant equity dilution ahead — shareholders will vote on a major capital hike and a potential ₹50 crore fundraise, which could expand the share count and weigh on short-term per-share value. Investors should watch the EOGM on October 9 for final issue price and dilution details.