Key Quantitative Figures
- Total amount raised: Rs 64.13 Crore
- Date of fund raising: March 13, 2026
- Debt repayment allocation: Rs 6.00 Crore (fully utilized)
- Renewable energy project expansion allocation: Rs 42.10 Crore (fully utilized)
- General corporate purpose allocation: Rs 16.03 Crore (fully utilized)
Fund Utilization Details
The company confirms there is no deviation or variation in the utilization of funds raised through allotment of equity shares pursuant to conversion of warrants. All funds were utilized exactly according to the original objects as per the explanatory statement to the Notice of EGM dated May 11, 2024.
Capital Structure Impact
The funds were raised through preferential issue of equity shares pursuant to conversion of warrants, indicating previous warrant instruments were converted to equity shares on March 13, 2026.
Financial Impact
No financial impact from deviation or variation as the company confirmed exact compliance with originally stated fund utilization objectives.