Ethos Limited submitted a regulatory compliance statement to BSE Limited and National Stock Exchange of India Limited pursuant to SEBI Regulation 32 and Circular CIR/CFD/CMD1/162/2019 dated December 24, 2019.
The disclosure confirms that there are no deviations or variations in the utilization of proceeds from the company's Rights Issue for the quarter ended September 30, 2026, compared to the objects stated in the placement document filed with stock exchanges and the Registrar of Companies, Himachal Pradesh.
Key Financial Details
- Mode of fund raising: Rights Issue (RI)
- Date of raising funds: July 04, 2025
- Amount raised: ₹40,990.50 lakh
- Total funds utilized as on date: ₹20,978.96 lakh
- Monitoring Agency: CRISIL Ratings Limited
Fund Utilization Breakdown
| Object | Original Allocation (₹ lakh) | Funds Utilized (₹ lakh) | Remarks |
| Funding working capital requirements | 31,000.00 | 20,603.47 | Proceeds utilized towards purchase of inventory |
| General Corporate Purposes | 9,611.48 | - | No proceeds utilized during the reported quarter |
| Issue related expenses | 379.02 | 375.49 | Proceeds utilized towards fees paid to intermediaries for due diligence |