Key Quantitative Figures

  • Total Amount Raised: ₹2,868.60 lakhs
  • Date of Allotment: March 14, 2026
  • Funds Utilized as of March 31, 2026: ₹2,473.50 lakhs
  • Unutilized Funds: ₹395.10 lakhs (temporarily parked in Cash Credit Accounts with Banks)
  • Deviation Amount: ₹100.00 lakhs reallocated between objects

Fund Utilization Details (in ₹ lakhs)

Original Objects vs Actual Utilization:

  • Capex:
  • Original Allocation: ₹1,147.44
  • Modified Allocation: ₹1,047.44
  • Funds Utilized: ₹652.34
  • Deviation: ₹100.00
  • Working Capital:
  • Original Allocation: ₹1,004.01
  • Modified Allocation: ₹1,104.01
  • Funds Utilized: ₹1,104.01
  • Deviation: ₹100.00
  • General Corporate Purpose:
  • Original Allocation: ₹717.15
  • Modified Allocation: ₹717.15
  • Funds Utilized: ₹717.15
  • Deviation: None

Approval and Review Status

  • Deviation Approval: Yes, pursuant to change in terms approved by shareholders
  • Shareholder Approval Date: Not applicable (NA)
  • Audit Committee Review: No comments
  • Auditors Review: No comments

Explanation for Deviation

The deviation of ₹100 lakhs represents a reallocation within 10% of the originally disclosed objects of the issue. This variation was already disclosed in the shareholder notice dated August 5, 2024.

Signatories and Dates

  • Company Secretary: Himanshu Kalra (digitally signed on May 26, 2026)
  • Joint Managing Director: Rajiv Aggarwal (signed on May 26, 2026)

Financial Impact

The financial impact involves a reallocation of ₹100 lakhs from Capex to Working Capital purposes. The total fund utilization remains within the raised amount of ₹2,868.60 lakhs.