Solvex Edibles Limited filed a regulatory disclosure statement regarding the utilization of funds raised through its public issue. This is a mandatory compliance filing under SEBI regulations.
The company raised funds through a Public Issue between September 22, 2025, and September 26, 2025. The total amount raised was ₹1886.98 lakhs.
The report covers the quarter/half year ended September 30, 2026. The company confirmed that there is no deviation or variation in the use of funds raised from the original objects disclosed in the prospectus.
Fund Utilization Details
Original Objects and Utilization Status:
- Capex for purchase of Plant & Machinery: Original allocation ₹830.99 lakhs, Funds utilized ₹306.00 lakhs
- Repayment/Prepayment of Borrowings (Working Capital): Original allocation ₹590.00 lakhs, Funds utilized ₹590.00 lakhs (fully utilized)
- General Corporate Purpose: Original allocation ₹278.99 lakhs, Funds utilized ₹278.99 lakhs (fully utilized)
- Issue Related Expense: Original allocation ₹187.00 lakhs, Funds utilized ₹128.62 lakhs
Total Utilization: ₹1303.61 lakhs out of ₹1886.98 lakhs raised
Financial Impact
No financial impact from deviation or variation as the company confirmed full compliance with original fund utilization objects. The utilization represents normal operational deployment of raised capital as per the original public issue objectives.