Panabyte Technologies Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2025

1. The above results were reviewed by the Audit Committee and thereafter taken on record by the Board in its meeting held on 11th February, 2026 and also Limited Review were carried out by the Statutory Auditors.
2. The figures for the corresponding previous period have been regrouped/reclassified wherever necessary, to make them comparable.
3. Financial Results for all the periods presented have been prepared in accordance with IND AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time.
4. Segment Information for the quarter as per Indian Accounting Standard - 108 on Operating Segment is not applicable.
5. During the quarter ended June 30, 2024, the company issued 24,00,000 warrants with a face value of Rs. 10 each to Non Promoters, in accordance with Chapter V of the Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Regulations, 2018, as amended. The key details of the transaction are as follows
Issue Details
Number of Warrants Issued 24,00,000 warrants.
Face Value per Warrant Rs. 10.
Issue Price per Warrant Rs. 19.75, which includes a securities premium of Rs. 9.75.
Consideration Received:
a During the quarter ended June 30, 2024 the company received Rs. 118.80 lakhs as 25% of the issue price per warrant Rs. 4.95 per warrant for 24,00,000 warrants, as an upfront payment.
b Further in quarter ended December 31, 2025 the Company received the balance payment of Rs. 14.80 per warrant for 11,95,000 warrants, aggregating Rs. 176.86 lakhs, and accordingly allotted 11,95,000 equity shares of face value Rs. 10 each upon full payment. The proceeds from warrant conversion have been utilized for general corporate purposes and working capital requirements.
As a result of the conversion
a The paid up equity share capital of the Company has increased from 54,95,000 shares to 66,90,000 shares.
b The premium amount received on conversion has been credited to the securities premium reserve.
c The newly allotted equity shares rank pari passu in all respects with the existing equity shares of the Company.
6.During the quarter ended December 31, 2025, 1,00,000 equity share warrants issued by the Company lapsed due to non receipt of the balance subscription amount within the stipulated time period, in accordance with the terms of issue of the warrants. Consequently, the amount of Rs. 4,95,000 received upfront towards such warrants has been forfeited.

In accordance with Ind AS 32 – Financial Instruments: Presentation, the forfeited amount has been transferred within equity from Money received against share warrants to Retained Earnings.

The said forfeiture has no impact on the profit or loss for the period and shall be reported in the Statement of Changes in Equity.
7. Effective from 21st November, 2025 multiple existing labour legislations have been consolidated into a unified framework comprising of four labour codes collectively know as New Labour Code.

The Company is currently in the process of assessing and identifying the financial impact, if any, arising from the said regulation. Pending completion of the detailed evaluation, the impact has not been recognised in these quarterly financial results.

The Company will appropriately recognise and disclose the impact, if any, in accordance with the applicable Indian Accounting Standards, in the annual financial statements for the year ending March 31, 2026.