Fund Raising Details
Rights Issue
- Date of Raising Funds: May 23, 2025
- Amount Raised: Rs. 124.23 Crores
- Additional Detail: Received Rs. 40.17 crore (50% consideration) out of Rs. 80.35 crore
Preferential Issue
- Date of Raising Funds: September 24, 2025
Monitoring and Compliance
- Monitoring Agency: CARE Ratings Limited (for applicable portions)
- Quarter Ended: June 30, 2026
- Deviation/Variation Status: No deviation or variation in use of funds raised
- Shareholder Approval: Not applicable (no changes requiring approval)
- Audit Committee Comments: Not applicable
- Auditor Comments: Not applicable
Financial Impact
No deviation or variation from originally stated objects in the Letter of Offer dated April 25, 2025. No financial impact from changed utilization.
Signatories and Roles
- Trapti: Company Secretary & Compliance Officer (author of covering letter)
- Sandeep Pathak: Chief Financial Officer (signatory on Annexure-A)