Panache Digilife Announces Board Decisions, Appoints Independent Director, Issues ESOP Grant Details
Panache Digilife Limited held its Board of Directors meeting on August 10, 2026, where it approved the unaudited financial results for the quarter ending June 30, 2026. The meeting also saw significant corporate changes, including the appointment of a new Independent Director and the grant of Employee Stock Options (ESOPs).Key updates related to governance and compensation were announced by the company. Mrs. Tejaswini More was appointed as an Independent Director (ID), subject to shareholder approval at the ensuing Annual General Meeting (AGM). She will hold the position for a second term, spanning from January 18, 2027, till January 17, 2032. Mrs. More has over 30 years of experience in Direct and Indirect Taxation and Company Law Matters, being a Fellow Member of the Institute of Chartered Accountants of India (FCA). Furthermore, the Board re-designated Mr. Harshil Chheda from Company Secretary & Compliance Officer to Company Secretary, Compliance Officer & Head - Legal, effective immediately.
Employee Stock Options Granted
The company also announced the grant of 4,49,500 Employee Stock Options (ESOPs) under the Panache - ESOP 2025 scheme to eligible employees and subsidiaries of the Company. The stock options cover 4,49,500 Equity shares with a face value of ₹10/- each, and the exercise price has been determined by the Nomination & Remuneration Committee (NRC) at ₹458/-.
The vesting schedule for these options is structured as follows:
- 40% of the stock options will vest upon the completion of 12 months from the date of grant.
- 30% of the stock options will vest upon the completion of 24 months from the date of grant.
- 30% of the stock options will vest upon the completion of 36 months from the date of grant.
The granted ESOPs are in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Financial Performance Highlights
Panache Digilife Limited presented both standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The company's primary business activity is manufacturing and trading of computer systems, IT Hardware, and peripherals.
The standalone financial performance data shows how the Company fared against previous quarters:
| Financial Metric | Q Ended 30-06-2026 (Unaudited) | Q Ended 31-03-2026 (Audited) | Q Ended 30-06-2025 (Unaudited) |
|---|---|---|---|
| Revenue From Operations | 4,747.96 Lacs | 9,455.00 Lacs | 2,954.04 Lacs |
| Total Income (1+11) | 4,896.50 Lacs | 9,632.22 Lacs | 2,977.62 Lacs |
| Total Expenses (IV) | 4,359.61 Lacs | 8,138.05 Lacs | 2,851.55 Lacs |
| Profit/(loss) before tax (I-IV) | 536.89 Lacs | 1,494.17 Lacs | 126.07 Lacs |
| Profit/(loss) for the period | 408.72 Lacs | 851.45 Lacs | 95.66 Lacs |
| Earnings per equity (Basic) | 2.55 | 5.52 | 0.63 |
Consolidated results, which include subsidiaries and associates, were also released:
| Financial Metric | Q Ended 30-06-2026 (Unaudited) | Q Ended 31-03-2026 (Audited) | Q Ended 30-06-2025 (Unaudited) |
|---|---|---|---|
| Revenue From Operations | 5,083.82 Lacs | 9,990.44 Lacs | 2,953.78 Lacs |
| Total Income (1+11) | 5,153.88 Lacs | 10,148.76 Lacs | 2,976.88 Lacs |
| Total Expenses (IV) | 4,674.79 Lacs | 8,474.20 Lacs | 2,857.34 Lacs |
| Profit/(loss) before tax | 479.09 Lacs | 1,674.56 Lacs | 119.54 Lacs |
| Profit/(loss) for the period | 361.67 Lacs | 1,002.52 Lacs | 83.55 Lacs |
| Earnings per equity (Basic) | 2.26 | 6.54 | 0.57 |
The consolidated results reflect the performance of several entities within the Group, including Technofy Digital Private Limited (Wholly Owned Indian Subsidiary), Panache Newage Technology Private Limited, AIR Digilife Private Limited, and Associate Cadcord Technologies Private Limited.
PANACHE Stock Price Movement
Panache Digilife Limited shares surged today, closing at ₹481.45 after gaining 4.99%. This strong performance saw the equity reach its 52-week high, as trading concluded with 17,142 shares exchanged in the post-market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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