LGT Global Hospitality Reports No IPO Fund Deviation

Fund Raising Details

• Mode of Fund Raising: IPO – Public Issue
• Date of Raising Funds: August 22, 2025
• Amount Raised: Rs. 21.92 Crores (Net of issue expenses)
• Report Period: Quarter/Half year ended 30th June 2026
• Monitoring Agency: Yes
• Monitoring Agency Name: Infomerics Ratings Limited

Utilization Status

Is there a Deviation/Variation in use of funds raised: No

Shareholder Approval for Changes: Not Applicable

Explanation for Deviation/Variation: Not Applicable

Audit Committee Comments: No Comments

Auditors Comments: No Comments

Detailed Fund Utilization

Capital Expenditure (Corporate Offices, Cloud ERP and Customer Care Centre)

• Original Allocation: Rs. 10.44 crores
• Funds Utilised: Rs. 2.66 crores
• Deviation/Variation: Not Applicable
• Remarks: No Deviation

Working Capital Requirement

• Original Allocation: Rs. 7.70 crores
• Funds Utilised: Rs. 7.69 crores
• Deviation/Variation: Not Applicable
• Remarks: No Deviation

General Corporate Purpose

• Original Allocation: Rs. 3.78 crores
• Funds Utilised: Rs. 3.78 crores
• Deviation/Variation: Not Applicable
• Remarks: No Deviation

Additional Information

The board has reviewed and approved the utilization of proceeds raised through IPO, confirming that proceeds will be utilized within 12 months from the date of receipt of funds. This will be placed before the shareholders for their approval at the Annual General Meeting.