Panache Digilife Limited Deploys Full ₹4.77 million Proceeds as Planned
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Data Extracted via Frism DocuLens
Panache Digilife Limited has fully deployed the ₹4,77,49,500 raised through a preferential issue of convertible warrants, with no deviation from its stated use.
- Fundraising: Convertible warrants allotted on 5 Jan 2026 raised ₹4,77,49,500 (75% of total consideration) for growth, working‑capital and general corporate purposes.
- Utilization: 100% of the proceeds have been spent exactly as planned; the Audit Committee reviewed the deployment and raised no comments.
- Compliance: Filing under SEBI Regulation 32 confirms adherence to listing and governance requirements, adding assurance for investors.
- Financial impact: No additional debt or equity dilution beyond the issued warrants; risk remains minimal while supporting the company’s growth roadmap.
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