Fund Raising Details

  • Mode of Fund Raising: Preferential Issues
  • Date of Raising Funds: 18 June 2026 (date of allotment of convertible equity warrants)
  • Amount Raised: ₹12,60,00,000 (25% of the amount received on allotment of convertible equity warrants)
  • Monitoring Agency Appointed: No

Fund Utilization Status

  • Is there Deviation/Variation in use of funds: No
  • Date of shareholder Approval: Not Applicable
  • Explanation for Deviation/Variation: Not Applicable
  • Comments of Audit Committee: Not Applicable
  • Comments of auditors: Not Applicable

Detailed Fund Utilization Breakdown

| Original Object | Modified Object | Original Allocation (₹ Crore) | Modified Allocation (₹ Crore) | Funds Utilized (₹ Crore) | Variation (₹ Crore) | Remarks |

| Working capital Requirement | - | 20.00 | - | 7.60 | - | |

| Capital Expenditure | - | 20.40 | - | 0.00 | - | |

| General Corporate Purposes | - | 10.00 | - | 5.00 | - | |

Key Findings

There is no deviation/variation in the utilisation of funds raised through preferential issue from the objects stated in the explanatory statement to the notice of the General Meeting.

Governance Approvals

The statement has been reviewed by the Audit Committee and approved by the Board of Directors.