Key Details

  • Fund Raising Details: Rs. 29.99 crores raised through Preferential Issue on June 4, 2024
  • Reporting Period: Quarter ended June 30, 2026
  • Board Approval: Statement approved by Board of Directors at meeting held on August 11, 2026
  • Monitoring Agency: Not applicable
  • Deviation/Variation: No deviation or variation in use of funds raised
  • Shareholder Approval: Not applicable
  • Audit Committee Comments: NIL
  • Auditor Comments: NIL

Fund Utilization Details

Object 1: Jammu & Kashmir Project

  • Original Object: Setting up new project in Jammu & Kashmir under Industrial Development Scheme (IDS) 2021-2030
  • Modified Object: Funding capital expenditure for acquiring equipment for manufacturing facility
  • Original Allocation: Rs. 22.4999 crores
  • Modified Allocation: Rs. 7.6499 crores
  • Funds Utilized: Rs. 7.6446 crores
  • Deviation/Variation: Rs. 0.00

Object 2: General Corporate Purpose

  • Original Object: General Corporate Purpose
  • Modified Object: Not applicable
  • Original Allocation: Rs. 7.50 crores
  • Modified Allocation: Rs. 0.00
  • Funds Utilized: Rs. 7.4950 crores
  • Deviation/Variation: Rs. 0.00

Object 3: Group Entity Infusion

  • Original Object: Not applicable
  • Modified Object: Infusion of funds in group entity JHS Svendgaard Retail Ventures Ltd. for funding expansion plan through strategic fund infusion
  • Original Allocation: Rs. 0.00
  • Modified Allocation: Rs. 11.1001 crores
  • Funds Utilized: Rs. 9.6250 crores
  • Deviation/Variation: Rs. 0.00

Additional Information

  • The information is available on the company website: www.svendgaard.com
  • Filed with both Bombay Stock Exchange Limited and National Stock Exchange of India Limited
  • Signed by Komal Jha, Company Secretary & Compliance officer