Key Findings
The company confirms that there has been no deviation or variation in the utilisation of proceeds raised through:
1. Preferential Issue of Equity Shares amounting to ₹2,546.78 lakhs
2. Preferential Issue of Convertible Warrants amounting to ₹305.47 lakhs
Both issuances were approved in the Extraordinary General Meeting held on October 23, 2024.
Equity Share Proceeds Utilization (Annexure-I)
- Date of Allotment: 15th January, 2025
- Amount Raised: ₹2,546.78 lakhs
- Reporting Period: Half year ended March 31, 2026
- Monitoring Agency: Not Applicable
- Deviation/Variation: No
Fund Allocation and Utilization Details:
| Purpose | Original Allocation (₹ lakhs) | Utilized Amount (₹ lakhs) | Unutilized Amount (₹ lakhs) |
| Capital Investment | 1,280.86 | 1,280.86 | NIL |
| Long-term working capital | 1,010.00 | 1,010.00 | NIL |
| General Corporate Purpose | 255.92 | 255.92 | NIL |
| Other objects as Board may decide | 0 | 0 | 0 |
| Total | 2,546.78 | 2,546.78 | NIL |
Convertible Warrant Proceeds Utilization (Annexure-II)
- Date of Allotment: 15th January, 2025
- Amount Raised: ₹305.47 lakhs
- Reporting Period: Year ended March 31, 2026
- Type of Instrument: Convertible Warrant
- Monitoring Agency: Not Applicable
- Deviation/Variation: No
Fund Allocation and Utilization Details:
| Purpose | Original Allocation (₹ lakhs) | Utilized Amount (₹ lakhs) | Unutilized Amount (₹ lakhs) |
| Capital Investment | 305.47 | 305.47 | NIL |
| Long-term working capital | 0 | 0 | 0 |
| General Corporate Purpose | 0 | 0 | 0 |
| Other objects as Board may decide | 0 | 0 | 0 |
| Total | 305.47 | 305.47 | NIL |