Panache Digilife Allots 29.28 Lakh Warrants on Preferential Basis, Raising ₹19.32 Crore

* Panache Digilife Limited has allotted 29,28,652 (Twenty-Nine Lakhs Twenty-Eight Thousand Six Hundred Fifty-Two) warrants convertible into equity shares on a preferential basis. * The Board of Directors approved this allotment through a Circular Resolution effective Monday, 17th November 2025. * This follows the approval of shareholders at their Extra-Ordinary General Meeting held on 18th October 2025, and in-principle approval from NSE Limited on 3rd November 2025 for issuing up to 37,56,000 warrants. * The company has received an aggregate amount of ₹19,32,91,032 (Rupees Nineteen Crore Thirty-Two Lakhs Ninety-One Thousand Thirty-Two) at a rate of ₹66 per warrant, representing 25% of the issue price. * Each warrant has an issue price of ₹263, which includes a warrant subscription price of ₹66 and a warrant exercise price of ₹197. The total aggregated value of the allotment is ₹77,02,35,476 (Rupees Seventy-Seven Crore Two Lakh Thirty-Five Thousand Four Hundred Seventy-Six). * The warrants were allotted to members of the promoter group and non-promoter public. * Each warrant is convertible into one fully paid-up equity share of ₹10 face value upon payment of the balance consideration of ₹197 per warrant. * The conversion option against each warrant can be exercised within a maximum period of 18 months from the date of allotment.