Fund Raising Details
Mode of Fund Raising: Preferential Issue of 11,00,000 Convertible Warrants each convertible into one Equity Share of face value ₹10 each, at an exercise price of ₹119 per Warrant
Date of Raising Funds: 12 August 2026
Amount Raised: ₹327.25 Lakh out of the total issue size of ₹1309.00 Lakh
Report Period: 30 September 2026
Utilization Status
Deviation/Variation in use of funds raised: No
Monitoring Agency: Not Applicable
Shareholder Approval Requirement: Not Applicable
Audit Committee Comments: None
Auditors Comments: None
Fund Allocation and Utilization
Original Object: To meet the Working Capital requirements
Modified Object: Not Applicable
Original Allocation: ₹1309.00 Lakh
Modified Allocation: Not Applicable
Funds Utilized: ₹327.25 Lakh
Amount of Deviation/Variation: No deviation
Important Footnotes
As on 30 September 2026, the Company has received 25% of the issue size, aggregating to ₹327.25 Lakh, as upfront consideration/subscription amount calculated at ₹29.75 per warrant for 11,00,000 warrants. The balance 75% of the issue size, amounting to ₹981.75 Lakh (i.e. ₹89.25 per warrant), shall be received upon exercise of the conversion option by the warrant holders for conversion of warrants into equity shares, within a period of 18 months from the date of allotment of warrant (12 August 2026). As on 30 September 2026, the total amount of ₹327.25 Lakh received has been fully utilized by the Company.