Panache Digilife to hold EGM on March 13, 2026, for preferential issue of warrants
Panache Digilife will hold an EGM on March 13, 2026, to approve the preferential issue of up to 6,07,348 warrants at ₹355 each, aiming to raise ₹21.56 crore. The warrants are convertible into equity shares within 18 months. Remote e-voting will be open from March 10 to March 12, 2026.
The preferential issue of warrants, if approved, will result in equity dilution and fundraising for the company. The details of the issue price and the total amount to be raised are material for investors.
The announcement is a routine procedural update regarding an EGM and a preferential issue. It does not contain any immediately positive or negative financial performance indicators or market-moving news.
Panache Digilife Limited has announced that its Extraordinary General Meeting (EGM) will be held on Friday, March 13, 2026, at 3:00 p.m. through Video Conferencing / Other Audio-Visual Means. The primary agenda for the EGM is to consider and approve a preferential issue of up to 6,07,348 warrants, each convertible into one equity share. These warrants will be offered to non-promoters at a price of ₹355 each, with a total issue size aggregating up to ₹21,56,08,540. The warrants will have a tenure of 18 months from the date of allotment.
The company has also set Wednesday, February 11, 2026, as the 'Relevant Date' for determining the floor price for the warrant issue, which has been certified at ₹354.94 by M/s. D. M. Zaveri & Co., Company Secretaries.
Remote e-voting for the resolutions will commence on Tuesday, March 10, 2026, at 9:00 a.m. and will conclude on Thursday, March 12, 2026, at 5:00 p.m. The notice of the EGM, along with the explanatory statement, has been sent to the members through electronic mode and is also available on the company's website.
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Panache Digilife Limited filed this with the NSE as a statutory disclosure, categorised under egm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Panache Digilife Limited. Read the original for the full detail.