Key Quantitative Figures
- Total amount raised: ₹2,01,46,500 (remaining 75% of total consideration)
- Number of equity shares issued: 1,62,800
- Issue price per share: ₹165
- Funds utilized up to quarter ended March 31, 2026: ₹2,01,46,500 (100% of raised amount)
Dates of Action
- Fund raising dates: January 30, 2026, February 27, 2026, and March 5, 2026 (through conversion of warrants)
- Audit Committee meeting date: May 26, 2026
- Filing date: May 30, 2026
Parties Involved
- Regulatory recipients: BSE Limited and National Stock Exchange of India Limited
- Audit Committee: Reviewed and took the statement on record
Purpose and Utilization of Funds
Funds were raised for the following objects as stated in the Explanatory Statement to the Notice of the Extraordinary General Meetings dated July 25, 2024:
1. Working capital expenditure, equipment purchase (CAPEX), business expansion, and repayment of existing loans - ₹2,01,46,500 (fully utilized)
2. General corporate expenses (not exceeding ₹6,00,00,000) - No amount allocated or utilized from this issuance
Financial Impact
- Full utilization of raised funds (₹2,01,46,500) for specified objects
- No deviation or variation from originally stated purposes
- No financial impact beyond the planned utilization
Monitoring and Review
- Monitoring agency: Not applicable
- Audit Committee comments: No comments received (reviewed on May 26, 2026)
- Auditor comments: No comments received