Jetmall Spices confirms no deviation in use of ₹26.62 crore preferential issue proceeds for H2 FY26.
Funds raised were allocated to working capital, sales/marketing, and technology capex as per original objects.
The company received 75% (₹26.62 crore) upfront; 25% balance due upon warrant conversion within 18 months.
Audit Committee reviewed and approved the statement of fund utilization filed with BSE under SEBI regulations.