Panth Infinity Limited announced a private placement to issue up to 11,790,000 Convertible Equity Warrants carrying a right to subscribe 1 equity share per warrant of face value of INR 10 each at issue price in cash on February 1, 2024. The transaction will include participation from new investor, Navkar Urbanstructure Limited for 250,000 warrants and individual investors such as Jagrutiben Manishbhai Trivedi, Thakor Dashrath K, Bindi Hemanbhai Parikh; each for 3,680,000 warrants, Aman Shah for 250,000 warrants and Ratibhai Prabhudas Patel for 250,000 warrants. The transaction has been approved by the board of directors of the company.