The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gromo Trading Pvt Ltd & PACs
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Gromo Trading Private Limited along with PACs (Babubhai Lavajibhai Maheriya and Lavjibhai Hirabhai Maheriya) received a preferential allotment of 92,62,670 equity shares of Panth Infinity Ltd, taking their combined holding from 0% to 16.79% of the company's share capital. The shares were allotted on March 17, 2026, by way of conversion of an outstanding unsecured loan into equity. This effectively more than doubled Panth Infinity's equity capital, which rose from 2,49,12,228 shares (Rs. 24.91 crore) to 5,51,58,758 shares (Rs. 55.16 crore). The acquirer is explicitly NOT classified as part of the promoter/promoter group.
A new non-promoter entity (Gromo Trading) has become a significant shareholder with a 16.79% stake, which may lead to a change in board composition or influence over company decisions. Existing shareholders should note the sharp equity dilution (~2.2x increase in share count) and the fact that a single non-promoter entity now holds a sizeable strategic stake, which could affect future control dynamics.