Fund Raising Details
- Mode of Fund Raising: Rights Issue
- Date of Raising Funds: 26th May, 2026 (Date of allotment of Equity Shares)
- Amount Raised: Rs. 41,06,25,000 (Rupees Forty-One Crores Six Lakhs Twenty-Five Thousand only)
Quarterly Reporting Period
Quarter ended 30th September, 2026
Monitoring Arrangements
- Monitoring Agency Applicable: Yes
- Monitoring Agency Name: Infomerics Valuation and Rating Limited
Fund Utilization Status
- Deviation/Variation in use of funds raised: No Deviation / Variation in use of funds raised
- Change pursuant to contract or objects: Not Applicable
- Date of shareholder Approval: Not Applicable
- Explanation for Deviation/Variation: Not Applicable
Audit Committee Review
The Audit Committee reviewed and confirmed that:
- Funds have been utilised in accordance with Objects specified in the offer document during the quarter ended 30 September, 2026
- No deviations/variation from the expenditure and objects mentioned in the offer document
Objects of Fund Raising and Utilization
| Sr. No. | Original Object | Funds Utilized | Deviation/Variation | Remarks |
| 1 | Funding working capital requirements of the Company | Not quantified | Nil | Refer Note No. 1 |
| 2 | General Corporate Purposes | Not quantified | Not applicable | |
| 3 | Issue Expenses | Fully utilized | Not applicable | The amount was fully utilised during quarter ended June 30, 2026 |