Key Quantitative Figures
- Total amount raised through preferential issue of convertible warrants: ₹512.64 crore (Five Hundred Twelve Crores Sixty Four Lakhs Eight Thousand Only)
- Date of fund raising: January 23, 2024
- Monitoring agency: ICRA Limited
Fund Utilization Details (Quarter ended June 30, 2026)
Fixed Asset Purchase (including plant, machinery, etc.):
- Original allocation: ₹30.00 crore
- Revised allocation (per Board Resolution dated November 12, 2025): ₹5.00 crore
- Actual utilized: ₹3.407 crore
- Status: No deviation
Working Capital Requirements for existing and new projects:
- Original allocation: ₹125.00 crore
- Revised allocation: Not Applicable
- Actual utilized: ₹125.00 crore
- Status: No deviation
General Corporate Purposes:
- Original allocation: ₹130.215 crore
- Revised allocation (per Board Resolution dated November 12, 2025): ₹124.64 crore
- Actual utilized: ₹66.282 crore
- Status: No deviation
Governance and Approval
- The statement was reviewed and approved by the Audit Committee at its meeting held on August 12, 2026
- Audit Committee comments: No Comments
- Auditor comments: No Comments
Financial Impact
No deviation or variation in fund utilization reported. All funds have been utilized according to the original objects as approved by shareholders, with revisions made through Board Resolution dated November 12, 2025.