Pursuant to the approval of the Board of Directors at its meeting held on August 22, 2025 and approval of the members of the Company at their Extra-Ordinary General Meeting held on October ....
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Panth Infinity Limited has allotted 3,02,46,530 equity shares of face value ₹10 each at an issue price of ₹10.85 per share (including ₹0.85 premium) to four non-promoter body corporates — Bhavishya Ecommerce, Gromo Trading, Samyak Enterprise, and Shital Trade Link. This preferential allotment was done to convert an outstanding unsecured loan of approximately ₹32.82 crore into equity. The shares were approved by the Board on August 22, 2025, by shareholders at an EGM on October 9, 2025, and received BSE in-principle approval on February 13, 2026. Post-allotment, the four allottees will hold between 7.84% and 17.40% in the company. The new shares will rank pari-passu with existing equity shares.
This debt-to-equity conversion strengthens the company's balance sheet by replacing liabilities with equity, but it also dilutes existing shareholders. The minor premium of ₹0.85 (8.5% above face value) suggests the loan was converted at near-face value, which is favorable for the company.