Key Disclosure
Ethos Limited confirms there are no deviations or variations in the utilization of proceeds from its Rights Issue for the quarter ended June 30, 2026, compared to the objects stated in the placement document filed with the stock exchanges and Registrar of Companies, Himachal Pradesh.
Fund Raising Details
- Mode of fund raising: Rights Issue (RI)
- Date of raising funds: July 04, 2025
- Amount raised: ₹40,990.50 lakh
- Monitoring Agency: Applicable
- Monitoring Agency name: CRISIL Ratings Limited
Utilization Status
- Is there a Deviation/Variation in use of funds raised: No
- Shareholder approval for change in terms: Not Applicable (NA)
- Explanation for deviation/variation: NA
- Comments of the Audit Committee: No Comments
- Comments of the auditors: No Comments
Objects of Fund Raising and Utilization
Objects:
1. Funding working capital requirements of the Company
2. General Corporate Purposes
3. Issue Related expenses
Statement of No Deviation: No deviation from the objects.
Fund Utilization Breakdown (Amount in ₹ Lakhs)
| Object | Original Allocation | Funds Utilized as on date | Amount of deviation/variation for quarter | Remarks |
| Funding working capital requirements | 31,000.00 | 10,610.48 | Not applicable | No proceeds were utilized towards the object during the reported quarter. |
| General Corporate Purposes (GCP) | 9,611.48 | - | Not applicable | No proceeds were utilized towards the object during the reported quarter. |
| Issue related expenses | 379.02 | 368.49 | Not applicable | No proceeds were utilized towards the object during the reported quarter. |
| Total | 40,990.50 | 10,978.97 | | |
Additional Information
The statement is also available on the company website. The document was digitally signed by Priya Grover, Company Secretary & Compliance Officer, on August 3, 2026.