The Byke Hospitality Limited files a regulatory statement confirming no deviation in the use of ₹54.95 crore proceeds from its preferential issue of equity warrants.
Total funds raised were ₹54.95 crore across three allotment dates in 2024, with ₹1.27 crore remaining unutilized as of March 31, 2026.
Unutilized funds of ₹1.27 crore were invested in fixed deposits yielding 6.60% interest, with a maturity value of ₹1.33 crore.