Preferential Issue Details
The company allotted 12,60,000 equity shares of face value ₹10 each for cash at a price of ₹22 per share (including a premium of ₹12 per share) on preferential basis. The total amount raised was ₹2,77,20,000. The allotment date was September 09, 2025, based on the explanatory statement to the Notice of the Extra-Ordinary General Meeting dated May 5, 2025.
Fund Utilization Status
For the quarter ended September 30, 2026, the company reports:
Working Capital Requirements:
- Original allocation: ₹2,07,90,000
- Funds utilized till March 31, 2026: ₹2,07,90,000 (100% utilization)
- No deviation or variation reported
General Corporate Purposes:
- Original allocation: ₹69,30,000
- Funds utilized till March 31, 2026: ₹69,30,000 (100% utilization)
- No deviation or variation reported