Fund Raising Details
- Mode of Fund Raising: Right Issue of Partly Paid-up Equity Shares
- Date of Raising Fund: August 21, 2025
- Total Amount Raised: Rs. 25,69,25,421/-
- Rs. 25,18,36,316/- received on application and call (for 90% of total allocation)
- Rs. 50,89,105/- received as 30% on application (for remaining 10% of total allocation)
- Reference Document: Letter of Offer dated July 12, 2025
- Share Details: 2,39,84,411 fully paid-up equity shares (Rs. 10.50 each payable on application and call) and 16,15,589 partly paid-up equity shares (Rs. 3.15/- each payable on application)
Utilization of Proceeds
Proceeds have been utilized exactly as per the objects stated in the Letter of Offer:
- NBFC Operational Scale Enhancement: Rs. 6.72 crore (Rs. 672.00 Lakhs) utilized for increasing operational scale with respect to NBFC activities
- General Corporate Purposes: Rs. 55.26 lakh utilized
- No deviation: Zero deviation from originally stated objects
Review and Approval
- Audit Committee Review: Conducted via circulation on May 28, 2026
- Audit Committee Comments: No comments
- Auditor Comments: No comments
- Filing Date: May 28, 2026
Additional Information
- The company received 100% amount on application and call for 90% of total allocation amount
- For remaining 10% of total allocation, 30% amount was received on application
- Balance amount shall be payable on calls as determined by the Board
- The statement confirms no deviation in objects, amount utilized, or terms of contract