Key Quantitative Figures
Total Funds Raised: ₹14,580 lakhs across three preferential issuances:
- Issuance 1 (February 25, 2026): ₹4,401.00 lakhs
- Issuance 2 (March 6, 2026): ₹5,562.00 lakhs
- Issuance 3 (March 9, 2026): ₹4,617.00 lakhs
Fund Utilization Breakdown:
First Issuance (₹4,401.00 lakhs):
- Plant & Machinery: ₹1,100.25 lakhs (100% utilized)
- Working Capital: ₹2,200.50 lakhs (100% utilized)
- General Corporate Purpose: ₹1,100.25 lakhs (100% utilized)
Second Issuance (₹5,562.00 lakhs):
- Plant & Machinery: ₹1,390.50 lakhs (100% utilized)
- Working Capital: ₹2,781.00 lakhs (100% utilized)
- General Corporate Purpose: ₹1,390.50 lakhs (100% utilized)
Third Issuance (₹4,617.00 lakhs):
- Plant & Machinery: ₹1,154.25 lakhs (100% utilized)
- Working Capital: ₹2,308.50 lakhs (100% utilized)
- General Corporate Purpose: ₹1,154.25 lakhs (100% utilized)
Dates of Action
- Fund Raising Dates: February 25, 2026; March 6, 2026; March 9, 2026
- Reporting Period: Quarter ended June 30, 2026
- Audit Committee Approval: August 14, 2026 via Circular Resolution
- Filing Date: August 14, 2026
Parties Involved
- Monitoring Agency: Infomerics Valuation and Rating Pvt. Ltd.
- Regulatory Authorities: BSE Limited, National Stock Exchange of India Limited
Financial Impact
No financial impact disclosed as there is no deviation or variation from the originally stated objects of the preferential issues. All funds have been utilized exactly as allocated in the Private Placement Offer Letter cum Application Form.
Governance Process
The Audit Committee of the Company reviewed and approved the statement of no deviation/variation by way of Circular Resolution on August 14, 2026. The monitoring agency Infomerics Valuation and Rating Pvt. Ltd. was involved in overseeing the fund utilization across all three issuances.