Fund Raising Details
Mode of Fund Raising: Preferential Issues
Date of Raising Funds:
- 18th June, 2026 (Date of allotment of Convertible Equity Warrants)
- 13th July, 2026 (Date of allotment of 5,50,000 Equity Shares upon receipt of balance 75% of consideration)
Amount Raised:
- ₹12,60,00,000/- (25% of amount received on allotment of Convertible Equity Warrants)
- ₹6,93,00,000/- (75% of amount received on allotment of 5,50,000 Equity Shares upon conversion of warrants)
- Total: ₹19,53,00,000/-
Fund Utilization Status
Monitoring Agency Appointed: No
Deviation/Variation in use of funds raised: No
Date of shareholder Approval: Not Applicable
Explanation for Deviation/Variation: Not Applicable
Audit Committee Comments: Not Applicable
Auditors Comments: Not Applicable
Fund Allocation and Utilization
| Original Object | Original Allocation (₹ in Crore) | Amount Utilized (₹ in Crore) |
| Working Capital Requirement | 20.00 | 7.60 |
| Capital Expenditure | 20.40 | 6.93 |
| 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. The statement has been reviewed by the Audit Committee and approved by the Board of Directors.