Edvenswa Enterprises Limited
Edvenswa Enterprises Limited submitted a regulatory disclosure statement pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to BSE Limited. The statement covers the quarter ended September 30, 2026.
Fundraising Details
The company raised Rs 26.69 crore (Rs 2669 lakh) through a rights issue with allotment date of November 29, 2024. No monitoring agency was appointed for the fund utilization.
Deviation/Variation Status
The company confirmed there is no deviation or variation in the use of funds raised. Specifically:
- No deviation in objects or purposes for which funds were raised
- No deviation in amount of funds actually utilized versus originally disclosed
- No change in terms of any contract referred to in the fund raising document
- No shareholder approval was required or obtained for any changes
Fund Utilization Breakdown
| Object | Original Allocation (Rs lakh) | Funds Utilized Till Last Quarter (Rs lakh) | Funds Utilized This Quarter (Rs lakh) | Deviation/Variation |
| Product Purchase in Issuer Company | 920 | 920 | 0.00 | No deviation |
| Investment in wholly owned Subsidiary Company for expansion of business | 860 | 860 | 0.00 | No deviation |
| New Business Acquisitions | 265 | 0.00 | 0.00 | No deviation (zero utilization) |
| General Corporate Expenses | 562 | 457 | 0.00 | No deviation |
| Issue Related Expenses | 62 | 62 | 0.00 | No deviation |
Additional Information
- The audit committee reviewed and had no comments on the fund utilization
- The auditors had no comments on the fund utilization
- No explanation for deviation/variation was required as none occurred
- All original objects remained unchanged with no modifications