Fund Raising Details
- Mode of Fund Raising: Preferential Allotment of Equity Shares
- Date of Raising Funds: 31st December 2024
- Amount Raised: ₹8,99,10,000 (8.99 crore)
- Reporting Quarter: Ended 30th September 2026
- Monitoring Agency: Not Applicable
Key Finding
No deviation or variation in use of funds raised. The utilization is consistent with the original objects and allocations approved during the fund raising.
Fund Utilization Breakdown
| Object | Original Allocation | Actual Utilized | Deviation |
| Repayment of Loans | ₹1,75,10,000 | ₹1,76,93,728 | Nil |
| Business Expansion | ₹5,00,00,000 | ₹5,04,10,002 | Nil |
| General Corporate Purpose | ₹2,24,00,000 | ₹2,17,49,269 | Nil |
Total Funds Utilized: ₹8,98,52,999 (approximately 99.94% of raised amount)
Governance and Compliance
- Audit Committee reviewed and approved the statement in its meeting held on 13th November 2026
- Audit Committee comments: None
- Auditor comments: None
- Shareholder approval for deviation: Not Applicable (since no deviation)
Auditor Certification
Vandana V. Dodhia & Co., Chartered Accountants (Firm Registration No. 117812W) certified the fund utilization after examining books of account and relevant records. The certificate was issued on 13th November 2026 (UDIN: 26104000RLHDHC8493).