Key Findings

  • No Deviation/Variation: The company confirms there is no deviation or variation in the use of proceeds raised through the preferential issue of warrants from the objects stated in the notice of Extra-Ordinary General Meeting and any corrigendum(s) issued thereunder.
  • Quarterly Reporting: The statement specifically covers the quarter ended June 30, 2026.
  • Audit Committee Review: The nil deviation statement was reviewed by the Audit Committee at its meeting held on August 13, 2026 (the same date as the filing).

Fund Raising Details

  • Mode of Fund Raising: Preferential issue of fully convertible warrants
  • Date of Fund Raising: June 05, 2026 (date of allotment of warrants)
  • Amount Raised: INR 16.84 Crores (representing 25% of the total issue size of INR 67.36 Crores)
  • Monitoring Agency: No monitoring agency was appointed for these funds

Financial Impact

No financial impact disclosed as the filing confirms no deviation from originally stated objects for fund utilization.