Key Quantitative Figures

  • QIP Issue Date: September 16, 2026
  • Amount Raised: ₹600 crore
  • Issue-related expenses: ₹20 crore (estimated)
  • Issue-related expenses utilized during quarter: ₹18.52 crore
  • Net proceeds available for utilization: ₹580 crore

Fund Utilization Breakdown (Quarter Ended September 30, 2026)

  • Debt Repayment: Original allocation ₹265 crore, utilized ₹3.57 crore during quarter
  • Working Capital: Original allocation ₹175 crore, utilized ₹163.07 crore during quarter
  • General Corporate Purposes: Original allocation ₹140 crore, utilized ₹63.71 crore during quarter
  • Total Utilized: ₹230.35 crore during the quarter

Monitoring and Oversight

  • Monitoring Agency: CRISIL Ratings Limited
  • The statement has been uploaded to the company's website and stock exchange portals

Signatories and Approvals

  • Signed by Unnati Kanani, Company Secretary & Compliance Officer (Mem. No: A35131)
  • Certified by Gopikrishnan Sarathy, Chief Financial Officer
  • Date of signing: October 31, 2026

Additional Information