Key Quantitative Figures
- Total Amount Raised: ₹47,00,00,000 (₹47 crore)
- Date of Fund Allotment: September 9, 2026
- Funds Utilized as of September 30, 2026: ₹11,75,00,000 (₹11.75 crore)
- Funds Remaining Unutilized: ₹35,25,00,000 (₹35.25 crore)
Fund Utilization Breakdown
| Purpose | Original Allocation (₹) | Funds Utilized (₹) | Deviation/Variation |
| Working capital requirements | 35,00,00,000 | 11,75,00,000 | None |
| Business expansion plans and supporting growth initiatives | 5,00,00,000 | - | None |
| General corporate purposes | 7,00,00,000 | - | None |
Regulatory Compliance Status
- Monitoring Agency: Not Applicable
- Deviation/Variation in Use of Funds: No
- Shareholder Approval for Changes: Not Applicable
- Audit Committee Comments: Not Applicable (after review)
- Auditor Comments: Not Applicable
Governance and Approval
- The statement was reviewed and approved by the Audit Committee at its meeting held on November 7, 2026.
- The disclosure confirms there has been no deviation or variation in the utilization of proceeds from the preferential issue compared to the originally stated objects.
Financial Impact
No financial impact from deviation or variation as the company confirms adherence to original fund utilization plans. The working capital requirement has been partially funded (₹11.75 crore utilized out of ₹35 crore allocated), while business expansion and general corporate purposes funds remain entirely unutilized as of the quarter ended September 30, 2026.