Fund Raising Details
- Mode of Fund Raising: Preferential Issue
- Date of Raising Funds: April 8, 2026 and May 13, 2026
- Amount Raised: ₹21,75,00,000 (Twenty-One Crore Seventy-Five Lakh Rupees)
- Instrument: 8,70,00,000 warrants convertible into equity shares
- Funds Received: Entire ₹21,75,00,000 received on allotment of warrants
- Warrant Conversions: No warrant conversions occurred during the reporting quarter (April-June 2026)
Deviation/Variation Status
- Deviation/Variation in Use of Funds: Yes
- Deviation Pursuant to Shareholder Approval: Yes
- Date of Shareholder Approval: May 14, 2026
- Explanation for Deviation: Not applicable
Fund Utilization Details
| Object | Modified Object | Original Allocation (₹) | Modified Allocation | Funds Utilized (₹) | Amount of Deviation/Variation | Remarks |
| Project Expansion and Development | - | - | - | - | NIL | None |
| For general corporate purposes | - | 3,17,145 | - | - | - | ₹3,17,145 unutilized as on June 30, 2026 |
| Other | Loan and/or Investment in subsidiaries of the Company for their business activities | 21,43,28,550 | - | 21,43,28,550 | - | - |
| Total | | 21,75,00,000 | | 21,75,00,000 | | 0 |