Key Quantitative Figures
- Funds raised: ₹29.99 crores through a preferential issue on June 4, 2024
- Total funds utilized as of September 30, 2026: ₹25.61 crores
- Shareholder approval date for modification: July 29, 2026
Fund Utilization Details
Object 1: Capital Expenditure and Business Expansion
- Original object: Funding capital expenditure for acquiring equipment for manufacturing facility
- Modified object: Capital Expenditure and Business Expansion
- Original allocation: ₹599.99 lakh
- Modified allocation: ₹1174.99 lakh
- Funds utilized: ₹849.46 lakh
- Amount of deviation/variation for the quarter: ₹0.00
Object 2: General Corporate Purpose
- Original object: For General Corporate Purpose
- Modified object: For General Corporate Purpose (unchanged)
- Original allocation: ₹750 lakh
- Modified allocation: ₹750 lakh
- Funds utilized: ₹750 lakh
- Amount of deviation/variation for the quarter: ₹0.00
Object 3: Strategic, Financial and Growth Initiatives
- Original object: Infusion of funds in Group entity JHS Svendgaard Retail Ventures Ltd. for funding expansion plan through strategic fund infusion
- Modified object: Strategic, Financial and Growth Initiatives
- Original allocation: ₹1650 lakh
- Modified allocation: ₹1075 lakh
- Funds utilized: ₹962.50 lakh
- Amount of deviation/variation for the quarter: ₹0.00
Additional Information
- The information is available on the company website: www.svendgaard.com
- The statement was signed by Komal Jha, Company Secretary & Compliance officer on November 2, 2026
#JHS Svendgaard #Regulation32 #SEBIDisclosure #FundUtilization #Neutral