Key Findings
The company confirms there is no deviation or variation in the utilisation of funds raised through both preferential issues.
Annexure A - Preferential Issue of Warrants to Promoters
- Mode of Fund Raising: Preferential Issue of Warrants
- Date of Raising Funds: August 2, 2025
- Amount Raised: ₹9,99,99,984 (approximately ₹10 crore)
- Monitoring Agency: Not Applicable
- Purpose Allocation: Entire amount allocated for General Corporate Purpose
- Amount Utilized: ₹9,99,99,984 (100% utilization)
- Deviation/Variation: No deviation reported
- Audit Committee Comments: No Comments
- Auditor Comments: No
Annexure B - Preferential Issue of Equity Shares to Non-Promoters
- Mode of Fund Raising: Preferential Issue of Equity Shares
- Date of Raising Funds: July 28, 2025
- Amount Raised: ₹254,99,97,624 (approximately ₹255 crore)
- Monitoring Agency: CRISIL Ratings Limited
- Purpose Allocation and Utilization:
- Working Capital Requirements: Allocated ₹103,99,99,046, Utilized ₹1,039,926,195
- Expansion of existing business: Allocated ₹129,99,98,808, Utilized ₹70,27,49,770
- General Corporate Purpose: Allocated ₹20,99,99,770, Utilized ₹20,99,99,770
- Deviation/Variation: No deviation reported
- Audit Committee Comments: No Comments
- Auditor Comments: No