Total Amount Raised: Rs. 34,65,00,000 (Thirty Four Crore Sixty Five Lakh Rupees)
Fund Raising Dates: Multiple allotment dates - 02.11.2024, 26.12.2024, 14.02.2025, 25.09.2025, and 01.05.2026
Purpose of Funds: Working capital requirements as stated in the Letter of Offer/Explanatory Statement to the Special Resolution placed before the Extra-Ordinary General Meeting dated 23.09.2024
Utilization Status
Total Amount Utilized: Rs. 34,65,00,000 (full amount raised)
Deviation/Variation: None (marked as 'N' in the statement)
The company confirmed there is no deviation or variation in the use of proceeds from the objects stated in the original offering documents
Corporate Actions
The company has converted 22,50,000 warrants into equity shares as part of the preferential issue process
Review and Oversight
Audit Committee Comments: No Comments after review
Auditor Comments: No Comments
The statement was duly reviewed by the Audit Committee
