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Panache Digilife Limited — Proxy Solicitation & Information Statement 2025
Oct 11, 2025
62513_rns_2025-10-11_eac33976-efdf-41aa-865b-ba03b51f847a.pdf
Proxy Solicitation & Information Statement
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October 11, 2025
To, Manager – Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051.
Sub: Corrigendum to the Notice of the Extra Ordinary General Meeting.
Symbol: PANACHE
Dear Sir/Madam,
In continuation to our intimation dated 26[th] September, 2025, we are submitting herewith the Corrigendum to the Notice of Extra Ordinary General Meeting (“EGM”) scheduled to be held on Saturday, 18[th] October, 2025 at 11.00 A.M. through Video Conferencing / Other Audio-Visual Means.
Copy of the said Corrigendum to the EGM Notice is also uploaded on the website of the Company i.e. www.panachedigilife.com.
Kindly take the same on record.
Thanking you. Your faithfully,
For Panache Digilife Limited
HARSHIL Digitally signed by HARSHIL RAJESH RAJESH CHHEDA Date: 2025.10.11 CHHEDA 11:48:47 +05'30' ________ Harshil Chheda Company Secretary & Compliance Officer
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PANACHE DIGILIFE LIMITED
Corporate Identity Number: L72200MH2007PLC169415
Registered Office: Bldg. A3, 102-108 & 201-208, Babosa Industrial park, Mumbai-Nashik Highway NH3, Saravali Village, Bhiwandi, Thane - 421302. Corporate Office: B-507, Raheja Plaza Premises CSL, LBS Marg, Ghatkopar West, Mumbai 400 086. Tel: +91-22-2500 7002; Email : [email protected]; Website: www.panachedigilife.com
CORRIGENDUM TO NOTICE OF EXTRAORDINARY GENERAL MEETING
Panache Digilife Limited (“the Company”) has issued a notice dated 25[th] September 2025 “Notice of EGM”) for convening the Extraordinary General Meeting (EGM) of the members of the Company which is scheduled to be held on Saturday, 18[th] October 2025 at 11.00 A.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Notice of the EGM has been dispatched to the shareholders of the Company in due compliance with the provisions of the Companies Act, 2013 read with the relevant rules made thereunder.
This corrigendum is being issued to give notice to amend/ provide additional details as mentioned herein and pursuant to the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
The Number of equity shares proposed to be allotted to Mr. Jitendra Mahadeo Deokar, one of the proposed allottee of warrants, wherever appearing in the Notice of EGM and the explanatory statement to the Notice of EGM be read as, Nos. of Warrants to be allotted: 12,000 Warrants and Investment Amount: 31,56,000.
Accordingly, at following point in the Notice of EGM and the explanatory statement to the Notice of EGM, Number of warrants proposed to be allotted to Mr. Jitendra Mahadeo Deokar, one of the proposed allottee of warrants, be read as Nos. of Warrants to be allotted: 12,000 Warrants and Investment Amount: 31,56,000.
- At Item No. 2, in the proposed special resolution the details of warrants proposed to be issued and allotted, the following details are replaced at Sr. No. 16 for Mr. Jitendra Mahadeo Deokar and the complete details at Sr. No. 20 of Mr. Amol Darku Gawade be read as deleted :
| Sr No. |
Name of the proposed Warrant Allottee(s) |
Category | No. of Warrants to be allotted (upto) |
Investment Amount upto **in₹) ** |
|---|---|---|---|---|
| 16 | Jitendra Mahadeo Deokar | Non-Promoter Public |
12,000 | 31,56,000 |
- At point No.1 to the explanatory statement of Item No. 2: Particulars of the Offer including date of passing of Board Resolution, kind of Securities offered, maximum number of securities to be issued and the issue price : in the details of proposed allottees, the following details are
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replaced at Sr. No. 16 for Mr. Jitendra Mahadeo Deokar and the complete details at Sr. No. 20 of Mr. Amol Darku Gawade be read as deleted :
| Sr No. |
Name of the proposed Warrant Allottee(s) |
Category | No. of Warrants to be allotted (upto) |
Investment Amount **upto in₹) ** |
|---|---|---|---|---|
| 16 | Jitendra Mahadeo Deokar | Non-Promoter Public |
12,000 | 31,56,000 |
- At point No.4 to the explanatory statement of Item No. 2: Intent of the Promoters, Director(s) or Key Managerial Personnel or Senior Management of the Company to participate in the proposed Warrant Issue: in the details of proposed allottees, the following details are replaced at Sr. No. 9 for Mr. Jitendra Mahadeo Deokar:
| Name of the proposed Warrant Allottee(s) |
Category | No. of Warrants to be allotted (upto) |
Investment Amount upto **in₹) ** |
|---|---|---|---|
| Jitendra Mahadeo Deokar | GM – Factory & Operation (Non-promoter Public) |
12,000 | 31,56,000 |
- At point No.7 to the explanatory statement of Item No. 2 in the Tabular information, the complete details of Mr. Amol Darku Gawade be read as deleted and in the second last column in the Tabular information under the “ Number of Warrants proposed to be issued” - the Number of warrants proposed to be issued to Mr. Jitendra Mahadeo Deokar be replaced with 12,000 Warrants and in the last column under the Post-issue equity holding after exercise / conversion of Warrants - Number of equity shares of Mr. Jitendra Mahadeo Deokar post issue be replaced with 12,000 Equity Shares and % holding of equity shares be replaced with 0.06% .
After above changes the updated disclosure at Item No 7 to the explanatory statement of Item No. 2 Identity of the natural persons who are the ultimate beneficial owners of the shares proposed to be allotted and/or who ultimately control the proposed allottees, the percentage of post preferential issue capital that may be held by the allottee(s) and change in control, if any, in the issuer consequent to the preferential issue , be read as follows:
| Name of the proposed allottee |
Identity of Natural Persons who are the Ultimate Beneficial Owners |
Pre-issue equity share (Warrant) holding | Pre-issue equity share (Warrant) holding | Pre-issue equity share (Warrant) holding | Pre-issue equity share (Warrant) holding | Number of Warrants proposed to be issued |
#Post-issue equity holding after exercise / conversion of Warrants |
#Post-issue equity holding after exercise / conversion of Warrants |
|---|---|---|---|---|---|---|---|---|
| Number of Equity Shares |
% | Nos. of O/s Warrants |
% of Holding (After exercise/ conversion of warrants) |
Number of Equity Shares |
% | |||
| Amit D Rambhia | Not Applicable | 28,00,000 | 18.39 | 3,93,000 | 19.94 | 7,20,000 | 39,13,000 | 19.79 |
| Nikit D Rambhia | Not Applicable | 28,00,000 | 18.39 | 3,93,000 | 19.94 | 7,20,000 | 39,13,000 | 19.79 |
| Deepa Amit Rambhia | Not Applicable | 140 | 0.00 | -- | -- | 50,000 | 50,140 | 0.25 |
| Kavita Nikit Rambhia | Not Applicable | 140 | 0.00 | -- | -- | 50,000 | 50,140 | 0.25 |
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| Bhushan Gaonkar | Not Applicable | -- | -- | -- | -- | 8,42,500 | 8,42,500 | 4.26 |
|---|---|---|---|---|---|---|---|---|
| Mayank Bajaj | Not Applicable | -- | -- | -- | -- | 4,50,000 | 4,50,000 | 2.28 |
| Prativa Dalmia | Not Applicable | -- | -- | -- | -- | 3,50,000 | 3,50,000 | 1.77 |
| Abhisek Bhutra HUF | Abhisek Bhutra (Karta) |
-- | -- | -- | -- | 3,00,000 | 3,00,000 | 1.52 |
| Sharad Kumar Agarwala HUF |
Sharad Kumar Agarwala (Karta) |
-- | -- | -- | -- | 1,00,000 | 1,00,000 | 0.51 |
| Nitesh Manilal Savla | Not Applicable | -- | -- | -- | -- | 35,000 | 35,000 | 0.18 |
| Vikesh Bhawarlal Shah |
Not Applicable | -- | -- | -- | -- | 35,000 | 35,000 | 0.18 |
| Neha Rajesh Madiar | Not Applicable | -- | -- | -- | -- | 25,000 | 25,000 | 0.13 |
| Bijal Shah | Not Applicable | -- | -- | -- | -- | 20,000 | 20,000 | 0.10 |
| Jigisha Arif Bhavnagarwalla |
Not Applicable | -- | -- | -- | -- | 10,000 | 10,000 | 0.05 |
| Dipen Gada | Not Applicable | -- | -- | -- | -- | 10,000 | 10,000 | 0.05 |
| Jitendra Mahadeo Deokar |
Not Applicable | -- | -- | -- | -- | 12,000 | 12,000 | 0.06 |
| Harshil Rajesh Chheda |
Not Applicable | -- | -- | -- | -- | 6,000 | 6,000 | 0.03 |
| Sachidanand Sarju Prasad |
Not Applicable | -- | -- | -- | -- | 5,000 | 5,000 | 0.03 |
| Viral Mulchand Furiya | Not Applicable | -- | -- | -- | -- | 5,000 | 5,000 | 0.03 |
| Bhavin Navin Shah | Not Applicable | -- | -- | -- | -- | 1,500 | 1,500 | 0.01 |
| Ashwin V Kamble | Not Applicable | -- | -- | -- | -- | 1,500 | 1,500 | 0.01 |
| Vinod Laxman Bathe | Not Applicable | -- | -- | -- | -- | 1,500 | 1,500 | 0.01 |
| Rajesh Mahabaleshwar Hoskeri |
Not Applicable | -- | -- | -- | -- | 1,500 | 1,500 | 0.01 |
| Somnath Tarei | Not Applicable | -- | -- | -- | -- | 1,500 | 1,500 | 0.01 |
| Kerman Hormuzdiar Rana |
Not Applicable | -- | -- | -- | -- | 1,500 | 1,500 | 0.01 |
| Hari Sri Ram Venkat | Not Applicable | -- | -- | -- | -- | 1,500 | 1,500 | 0.01 |
Assuming all the outstanding Warrants and proposed Warrants to be allotted are converted into equity shares of the Company
There shall be no change in the management or control of the Company pursuant to the proposed issue and allotment of Warrants including their conversion thereof into Equity Shares.
- At point No.18 to the explanatory statement of Item No. 2: Practising Company Secretary Certificate : the updated certificate issued by Company secretary in practice is made available on the website of the Company at www.panachedigilife.com
This Corrigendum to the Notice of the EGM shall form an integral part of the Notice of EGM which has already been circulated to shareholders of Company and on and from the date hereof, the Notice of the EGM shall always be read in conjunction with this Corrigendum. This corrigendum is also being published in the Financial Express (English) and Mumbai Lakshadeep (Marathi)" and will also be made available on website of NSE Limited and on the website of the Company (www.panachedigilife.com). All
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other contents of the Notice of EGM, save and except as modified or supplemented by the Corrigendum, shall remain unchanged.
Panache Digilife Limited Registered Office:
Bldg. A3, 102-108 & 201-208, Babosa Industrial park, Mumbai-Nashik Highway NH3, Saravali Village, Bhiwandi, Thane-421302, Maharashtra, India.
Contact:
Email ID: [email protected] Website: www.panachedigilife.com
By the Order of the Board of Directors For Panache Digilife Limited
Sd/Harshil Chheda Company Secretary & Compliance Officer Membership No.: A62645 Place: Mumbai Date: 11 October, 2025
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