Key Quantitative Figures
- Total Issue Size: ₹199.99 Crores
- Amount Received as of June 30, 2026: ₹49.99 Crores (25% upfront consideration)
- Balance Pending: 75% to be received upon warrant conversion
- Warrant Tenure: 18 months from issuance
Fund Allocation and Utilization
| Purpose | Allocation (₹ Crores) | Utilized (₹ Crores) |
| Working Capital Loan Repayment | 100.00 | NIL |
| General Corporate Purpose | 49.99 | NIL |
| Reimbursement of Capital Expenditure | 50.00 | 50.00 |
Dates and Timeline
- Fund Raising Date: November 4, 2025
- EGM Notice Date: July 9, 2025
- EGM Date: August 8, 2025
- Reporting Quarter: June 30, 2026
- Filing Date: August 12, 2026
Additional Information
- The company confirmed no deviation or variation from the objects stated in the EGM notice dated July 9, 2025.
- The balance 75% of funds will be received as and when warrant holders exercise conversion options during the 18-month warrant tenure.
- The disclosure is available on the company website at www.titagarh.in.