Key Quantitative Figures

  • Total Amount Raised: ₹7,70,25,150 (7.70 crore)
  • Date of Fund Raising: January 22, 2026
  • Quarter Covered: September 30, 2026
  • Total Funds Utilized: ₹7,64,03,000 (7.64 crore)

Fund Utilization Breakdown

Detailed utilization of funds according to original objects:

  • Future growth opportunities, business expansion and real estate business:
  • Original Allocation: ₹5,50,00,000 (5.50 crore)
  • Funds Utilized: ₹5,50,00,000 (5.50 crore)
  • Deviation: None
  • Loans and/or investment in overseas wholly owned subsidiary:
  • Original Allocation: ₹75,00,000 (75 lakh)
  • Funds Utilized: ₹75,00,000 (75 lakh)
  • Deviation: None
  • Working Capital Requirement for Education Business (India):
  • Original Allocation: ₹1,00,00,000 (1.00 crore)
  • Funds Utilized: ₹94,50,000 (94.50 lakh)
  • Deviation: None
  • General Corporate Purpose:
  • Original Allocation: ₹45,25,150 (45.25 lakh)
  • Funds Utilized: ₹44,53,000 (44.53 lakh)
  • Deviation: None

Regulatory Compliance Confirmation

The company explicitly confirms that "there is no deviation or variation in the utilization of funds raised through the preferential issue of equity shares."

Audit Committee Review

The Audit Committee reviewed this statement during their meeting held on November 12, 2026, and noted that there was no deviation or variation in the use of funds raised by preferential issue of equity shares.

Additional Information

  • Monitoring Agency: Not Applicable
  • Shareholder Approval: Not Applicable (no deviation occurred)
  • Auditor Comments: Not Applicable
  • Company Secretary: Dharmesh Kevalbhai Parekh (Membership No. A19545)
  • Company CIN: L68100MH1983PLC030838

Financial Impact

The disclosure confirms that all funds have been utilized according to the original objects without any deviation or variation, indicating no unexpected financial impact beyond the planned utilization.