Key Quantitative Figures
- Total amount raised: ₹18.40 crores
- Date of fund raising: 4th December 2025
- Reporting period: Half year and financial year ended 31st March, 2026
- Total funds utilized: ₹15.30 crores
- Total unutilized funds: ₹3.10 crores
Fund Utilization Breakdown
| Purpose | Original Allocation (₹ crores) | Amount Utilized (₹ crores) | Shortfall (₹ crores) |
| Funding Capital Expenditure towards purchase of machinery | 4.46 | 4.46 | NIL |
| To meet Working Capital requirements | 5.65 | 3.81 | 1.84 |
| General Corporate Purposes | 2.14 | 1.40 | 0.74 |
| Issue Expenses borne by the Company | 2.50 | 1.98 | 0.52 |
| Offer for sale | 3.65 | 3.65 | NIL |
Governance Process
- The statement was reviewed by the Audit Committee
- Taken on record by the Board of Directors
- Filed with BSE Limited on 30th May, 2026
Auditor Certification
- Auditor firm: M/s Piyush Kothari and Associates, Chartered Accountants
- Firm Registration No.: 140711W
- Certification date: 30th May, 2026
- Key finding: No deviation/variation in the utilization of proceeds as per the objects stated in the prospectus dated November 25, 2025
- Restriction: Certificate issued specifically for submission to National Stock Exchange pursuant to Regulation 32 of SEBI LODR
Monitoring Agency
Not Applicable
Shareholder Approval
Not Applicable as there was no deviation/variation requiring shareholder approval