Him Teknoforge Limited submitted a regulatory disclosure to the Bombay Stock Exchange regarding deviation/variation in the use of proceeds from its preferential issue of share warrants, pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company raised an aggregate amount of ₹2,868.60 lakhs through the issuance of share warrants, with the date of allotment being 14 March 2026. The entire amount raised has been fully utilized as of 30 June 2026.
The statement covers the quarter ended 30 June 2026 and confirms there is no monitoring agency for this issue.
Deviation Details
The company reported a deviation/variation in the use of funds raised. The deviation is within 10% of the earlier disclosed objects of the issue and was already disclosed in the shareholder notice dated 5 August 2024.
The deviation involves a reallocation of ₹100.00 lakhs between objects during the quarter:
Original Allocation vs. Actual Utilization:
- Capex: Originally allocated ₹1,147.44 lakhs, actually utilized ₹1,047.44 lakhs
- Working Capital: Originally allocated ₹1,004.01 lakhs, actually utilized ₹1,104.01 lakhs
- General Corporate Purpose: Originally allocated ₹717.15 lakhs, actually utilized ₹717.15 lakhs