Fund Raising Details
- Mode of Fund Raising: Preferential Allotment (Conversion of Warrants into fully paid-up Equity shares)
- Date of Raising Funds: March 02, 2026
- Transaction Details: Allotment of 3,91,730 Equity Shares of face value of ₹10 each, at a price of ₹130 per Equity Share
- Payment Structure: 25% already paid as Warrant Subscription Price, 75% paid at the time of exercise of Option
- Total Amount Raised: ₹5,09,24,900 (Rupees Five Crore Nine Lakh Twenty Four Thousand Nine Hundred only)
- Amount in Lakhs: ₹509.25 lakhs
Fund Utilization Status
- Report Period: Quarter ended March 31, 2026
- Is there Deviation/Variation in use of funds?: No
- Objects for which funds were raised: To meet working capital requirements
- Actual Utilization: ₹509.25 lakhs fully utilized as disclosed in offer document
- Unutilized Amount: ₹0.00
Review and Certification
- Audit Committee Review: Reviewed in meeting held on Friday, May 29, 2026
- Auditor Comments: No Comments
- Auditor Certificate: Issued by A Y & Company, Chartered Accountants (Firm Registration No. 020829C)
- Certified by Akanksha Gupta, Partner (Membership No. 421545)
- UDIN: 26421545EVWVBB9879
- Date: May 29, 2026
- Place: Jaipur
Financial Impact
No deviation from originally disclosed fund utilization objectives. Full amount of ₹509.25 lakhs has been utilized for working capital requirements as intended.