Key Quantitative Figures
- Amount Raised: ₹4,75,00,000 (₹4.75 crore)
- Amount Utilised: ₹4,75,00,000 (₹4.75 crore)
- Unutilised Amount: ₹0
Dates of Action
- Date of Raising Funds: March 24, 2026
- Period of Report: Quarter and Financial Year ended March 31, 2026
- Audit Committee Meeting Date: May 28, 2026
- Date of Filing/Signing: May 28, 2026
Parties Involved
- Listed Entity: Epic Energy Limited (Scrip Code: 530407, Symbol: EPIC)
- Monitoring Agency: Not Applicable
- Signing Officer: Sandipkumar Gupta, Company Secretary and Compliance Officer (Membership No: A35730)
- Approving Body: The company's Audit Committee
Purpose or Stated Rationale
The funds were raised through a Preferential Issue of Convertible Warrants. The stated objects for the fund utilization were: Capex / Project Expansion / Working Capital / General Corporate Purposes.
Financial and Operational Impact
The company confirms that the entire proceeds of ₹4.75 crore have been fully utilized for the purposes stated in the explanatory statement provided to shareholders. There is no unutilized amount.
Confirmation of Compliance
The company confirms that there is no deviation or variation in the use of proceeds. The deviation/variation does not exceed 10% of the amount raised, and the utilization is not pursuant to any change in objects approved by shareholders, as neither scenario applies.
#Tags: #EpicEnergy #SEBILODR #Regulation32 #ComplianceDisclosure #FundUtilization #Neutral