Panth Infinity increases authorized capital, announces major share swap acquisition and preferential issue

Panth Infinity increases authorized capital, announces major share swap acquisition and preferential issue

Panth Infinity increases authorized capital, announces major share swap acquisition and preferential issue​

Panth Infinity Ltd., during a Board of Directors meeting held on Saturday, June 06, 2026, approved several significant corporate actions, including an increase in its Authorized Share Capital and the execution of a strategic acquisition through a share swap transaction. The company also approved a large-scale preferential allotment of equity shares.

The Board determined that expanding into the agriculture sector would be a key strategic move for the company. This expansion is set to enhance long term growth potential, create operational synergies, and diversify Panth Infinity’s business portfolio.

Capital Structure Expansion and Acquisitions​

Panth Infinity approved altering its Authorized Share Capital from an existing Rs. 1,11,00,00,000 (Rupees One hundred and eleven crore only), divided into 11,10,00,000 Equity Shares of Rs. 10/- each, to a new authorized capital of Rs. 1,26,00,00,000 (Rupees One Hundred and Twenty-six Crore Only). This increase allows the company to issue 12,60,00,000 Equity Shares of Rs. 10/- each.

The Board also approved a share swap transaction involving the acquisition of stakes in three private companies: Gromo Trading Private Limited, Samyak Enterprise Private Limited, and Shital Trade Link Private Limited (the "target companies"). The total purchase consideration for this acquisition was set at Rs. 97,65,00,000 (Rupees Ninety Seven Crore and Sixty Five Lakhs Only).

The deal involves the issuance of up to 6,30,00,000 fully paid-up equity shares of Panth Infinity Ltd., each having a face value of Rs. 10/- and being issued at a price of Rs. 15.50/-, including a security premium of Rs. 5.50/-.

Key details regarding the share swap and associated allottees are provided below:

ShareholderShares AllottedIssue Price (in Rs.)
Gromo Trading Private Limited2,00,00,00015.5
Samyak Enterprise Private Limited2,05,00,00015.5
Shital Trade Link Private Limited2,25,00,00015.5

This transaction grants Panth Infinity stakes in the target companies as follows:

Target CompanyAcquisition StakeShares AcquiredPercentage Holding
Gromo Trading Private Limited47.27%8,965N/A
Samyak Enterprise Private Limited47.94%52,022N/A
Shital Trade Link Private Limited49.34%9,740N/A

Preferential Issue and Agency Appointment​

In addition to the acquisition, Panth Infinity Ltd. approved a preferential issue of up to 73,00,000 fully paid-up equity shares. These shares were approved at a price of Rs. 15.50/- per share, which includes a premium of Rs. 5.50/-, as part of the Preferential Issue.

The total issuance details for the preferential allotment are:

InvestorShares Allotted
Jinanshi Consultancy72,00,000
Reeya Kothari1,00,000

To oversee these corporate actions, the Board appointed M/s Brickwork Ratings India Private Limited as the Monitoring Agency for the Issue of Shares. Furthermore, M/s SCS and Co LLP has been appointed as a Scrutinizer for conducting e-voting processes at the Extraordinary General Meeting (EOGM).

Future Meetings​

The company announced that the Extra Ordinary General Meeting (EOGM) will be held on Tuesday, July 07, 2026. The meeting is scheduled to take place at the registered office of the company in Ahmedabad at 02:30 PM IST.

Stock Price Movement​

Panth Infinity Ltd shares settled at ₹11.02 on Friday, declining 1.87% in the market close. The stock experienced intraday volatility, trading within a range defined by a low of ₹10.73 and a high of ₹11.44.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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