Outcome of the Board Meeting held on July 30, 2025.
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Panth Infinity Limited's Board, at its meeting on July 30, 2025, approved incorporating a new wholly owned subsidiary or acquiring an existing company in Dubai, UAE. The subsidiary will operate exclusively in IT-related business and will be 100% owned by Panth Infinity. The proposed share capital of the new entity is 1,00,000, funded through cash or banking channels. The entity is not yet incorporated, so turnover and other historical details are not applicable. No promoter group or related party interest is involved beyond PIL's 100% ownership.
This is an early-stage international expansion move into the IT sector. For shareholders, it signals the company's intent to diversify beyond its current operations, but the small capital commitment and lack of an established target mean limited immediate impact on financials.