Desh Rakshak Aushdhalaya Limited submitted a regulatory compliance statement to BSE Limited confirming no deviation or variation in the utilization of funds raised through a preferential issue of equity shares.
The filing was made pursuant to Regulation 32 of SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Fund Raising Details:
- Mode of Fund Raising: Preferential Issue of Equity Shares
- Date of Raising Funds: September 9, 2025
- Amount Raised: ₹2,77,20,000
- Number of Shares Allotted: 12,60,000 Equity Shares
- Face Value: ₹10 per share
- Issue Price: ₹22 per share (including premium of ₹12 per share)
Utilization of Funds (as of March 31, 2026):
- Working Capital Requirements: ₹2,07,90,000 fully utilized
- General Corporate Purposes: ₹69,30,000 fully utilized
Regulatory Compliance:
- No deviation or variation in use of proceeds from objects stated in explanatory statement to Notice of Extra-Ordinary General Meeting dated May 5, 2025
- Monitoring Agency: Not Applicable
- Shareholder Approval: Not Applicable (no deviation occurred)
- Audit Committee reviewed and approved the utilization statement at meeting held on May 29, 2026
- Auditor Comments: Nil
The statement covers the quarter ended March 31, 2026 and was digitally signed by Tosh Kumar Jain, Managing Director (DIN: 01540363) on May 29, 2026 from Haridwar, Uttarakhand.