Key Details
The company submitted a comprehensive statement of fund utilization for the half-year ended March 31, 2026, which was reviewed and approved by the Audit Committee at its meeting held on May 26, 2026.
Fund Raising Details
The company raised funds through seven separate preferential issues between February and March 2026:
- 20-Feb-2026: ₹35,090,000
- 23-Feb-2026: ₹4,940,000
- 02-Mar-2026: ₹69,832,000
- 18-Mar-2026: ₹38,900,000
- 19-Mar-2026: ₹2,000,000
- 25-Mar-2026: ₹67,156,000
- 27-Mar-2026: ₹39,807,000
- 30-Mar-2026: ₹26,224,000
Total Amount Raised: ₹284,949,000
Utilization Purpose
Original Object: To meet working capital requirement of the Company and Store set and Furniture Cost and General Corporate Purpose
Modified Object: To meet working capital requirement of the Company
Original Allocation: ₹712,008,200
Modified Allocation: ₹464,580,000
Total Funds Utilized: ₹284,949,000
Deviation Status
No deviation or variation in the use of funds raised was reported across all seven preferential issues. The monitoring agency was noted as "Not Applicable" for all transactions.
Additional Remarks
The company noted that it "received Share warrant in multiple tranches" for all fund raising events. For the final transaction on March 30, 2026, additional clarification was provided: "Company received Share warrant in multiple tranches and Balance 1,18,000 in Share Warrant".
Financial Impact
All raised funds totaling ₹284,949,000 were utilized for working capital requirements as per the disclosed objects. No financial impact beyond the stated utilization was reported.