First Fund Raise Details
- Mode of Fund Raising: Preferential Issue
- Date of Raising Funds: July 21, 2026
- Amount Raised: ₹25 Crore
- Monitoring Agency: Infomerics Valuation and Rating Ltd (Applicable)
- Quarter Ended: September 30, 2026
First Fund Utilization Breakdown
| Original Object | Amount Received (₹ Cr) | Funds Utilized (₹ Cr) | Deviation/Variation |
| Acquisition of fixed assets (Building - ₹10 Cr, Plant and Machinery - ₹18 Cr) | 14.24 | 14.24 | None |
| Long-term working capital | 10.76 | 10.76 | None |
| General Corporate Purpose | - | - | None |
| Total | 25.00 | 25.00 | None |
Second Fund Raise Details
- Mode of Fund Raising: Preferential Issue
- Date of Raising Funds: August 13, 2026
- Amount Raised: ₹66.25 Crore
- Monitoring Agency: Not applicable
- Quarter Ended: September 30, 2026
Second Fund Utilization Breakdown
| Original Object | Amount Received (₹ Cr) | Funds Utilized (₹ Cr) | Deviation/Variation |
| Working Capital (12 months) | 29.60 | 29.60 | None |
| Capital Expenditure (Building - ₹5 Cr, Plant and Machinery - ₹10.50 Cr) (3 months) | 15.50 | 15.50 | None |
| General Corporate Purpose (12 months) | 21.15 | 21.15 | None |
| Total | 66.25 | 66.25 | None |
Regulatory Compliance and Approval
- Both statements confirm no deviation or variation in the utilization of proceeds
- The Audit Committee reviewed both statements at its meeting held on November 06, 2026
- No comments from auditors for either statement
- No unit holder approval required as there were no deviations
Financial Impact
- Total funds raised across two preferential issues: ₹91.25 Crore
- Total funds utilized in Q2 FY27: ₹91.25 Crore
- No pending utilization for either fund raise
- No financial impact from deviation as none occurred