Regulatory Disclosure Overview

Panache Digilife Limited submitted its Annual Report for FY25-26 and Notice of the Nineteenth Annual General Meeting to NSE pursuant to SEBI Listing Regulations. The disclosure includes audited financial statements, management discussion, and AGM agenda items alongside comprehensive financial results for the fiscal year.

Financial Performance Highlights

Revenue from Operations surged 109% to ₹242.98 crore (₹23,311.24 lakhs) from ₹115.93 crore in FY25, comprising net sales, service charges, and marketing fund income. Profit After Tax increased 135% to ₹16.21 crore (₹1,539.52 lakhs) with EBITDA growing 154% to ₹27.01 crore. Basic EPS improved to ₹10.73 (119% growth) reflecting strong operational performance across all business segments.

Capital Structure and Financing Activities

Equity Share Capital increased to ₹16.01 crore through conversion of 7,86,000 warrants and issuance of 29,28,652 new warrants at ₹263 each, raising ₹19.33 crore upfront (25% payment). Balance 75% payment of ₹197 per warrant pending for conversion. Promoter Shareholding remained stable at 19.94% each for Amit Rambhia and Nikit Rambhia.

Debt Position and Contingencies

Gross Debt increased to ₹27.65 crore (₹2,765.36 lakhs) comprising cash credit secured by hypothecation of stock and book debts plus personal guarantees from promoters. Contingent liabilities of ₹9.59 crore include GST disputes of ₹7.97 crore, customs disputes, bank guarantees, and corporate guarantees.

AGM Details and Proposed Resolutions

19th AGM scheduled for September 24, 2026 electronically to approve:

  • Adoption of FY25-26 financial statements and reappointment of Mr. Amit Rambhia
  • Appointment of Mrs. Tejaswini More as Independent Director for second term
  • Ratification of cost auditor remuneration at ₹1.5 lakh plus taxes
  • Increase in related party transaction limits with subsidiary Panache Newage to ₹100 crore
  • Raising loan/investment limits under Section 186 to ₹250 crore

Business Transformation and Operations

The company successfully transitioned from hardware assembly to integrated design-to-manufacturing with capabilities spanning AI computing, telecom, surveillance, medical devices, and EdTech solutions. This strategic shift supported the exceptional revenue growth and margin expansion during the fiscal year.

Auditor Report and Compliance

Jain Salia & Associates issued an unmodified audit opinion with emphasis on Technofy Digital (subsidiary) classified as discontinued operations due to intended sale of leasehold land asset. The company confirmed full compliance with Companies Act 2013, Indian Accounting Standards, and SEBI Listing Regulations, maintaining adequate internal financial controls throughout the period.