Disclosure Purpose
Regulatory disclosure pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with amended SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 regarding utilization of IPO proceeds for the half year and year ended March 31, 2026.
Fund Utilization Status
- No deviation or variation in utilization of IPO proceeds during the period
- All proceeds from the Initial Public Offer (IPO) have been fully utilized for the objects stated in the prospectus
- Funds were fully utilized up to September 30, 2025
- Total amount raised: ₹191.80 lakhs
- Date of fund raising: January 10, 2025
Fund Utilization Breakdown
- Working Capital Requirement: ₹150.00 lakhs allocated and utilized (No deviation)
- General Corporate Purposes: ₹21.80 lakhs allocated and utilized (No deviation)
- Issue Expenses: ₹20.00 lakhs allocated and utilized (No deviation)
Audit and Governance
- Audit Committee reviewed and approved the statement at their meeting held on May 25, 2026
- Board of Directors took the statement on record at their meeting held on May 25, 2026
- Statutory Auditor NKSC & Co (Firm Registration No.: 020076N) confirmed no deviation/variation in their annual statement
- Auditor comments: None