Fundraising Details
- Mode of Fundraising: Right Issue
- Date of Allotment: November 29, 2024
- Amount Raised: ₹26.69 crore (Rs. 2669 lakh)
- Reporting Quarter: June 30, 2026
- Monitoring Agency: Not Applicable
Fund Utilization Status
The company confirmed there is no deviation or variation in the use of funds raised. Specifically:
- No deviation in the objects or purposes for which funds were raised
- No deviation in the amount of funds actually utilized as against originally disclosed amounts
- No change in terms of any contract referred to in the fund-raising document
Detailed Fund Utilization Breakdown (Amounts in lakhs)
1. Product Purchase in Issuer Company:
- Amount earmarked: Not Available (NA)
- Amount utilized during quarter: ₹9.20 lakh
- Cumulative utilization: ₹9.20 lakh
- Deviation: ₹0.00
2. Investment in Wholly Owned Subsidiary for Business Expansion:
- Amount earmarked: Not Available (NA)
- Amount utilized during quarter: ₹8.60 lakh
- Cumulative utilization: ₹8.60 lakh
- Deviation: ₹0.00
3. New Business Acquisition:
- Amount earmarked: Not Available (NA)
- Amount utilized during quarter: ₹0.00
- Cumulative utilization: ₹0.00
- Deviation: ₹0.00
4. General Corporate Expenses:
- Amount earmarked: Not Available (NA)
- Amount utilized during quarter: ₹4.57 lakh
- Cumulative utilization: ₹4.57 lakh
- Deviation: ₹0.00
5. Issue Related Expenses:
- Amount earmarked: Not Available (NA)
- Amount utilized during quarter: ₹6.20 lakh
- Cumulative utilization: ₹6.20 lakh
- Deviation: ₹0.00
Regulatory Compliance Status
- Shareholder Approval Required: Not Applicable (no deviation)
- Shareholder Approval Date: Not Applicable
- Explanation for Deviation/Variation: Not applicable
- Audit Committee Comments: Not applicable (no deviation found)
- Auditor Comments: Not applicable
Signatories and Dates
- Company Secretary & Compliance Officer: Hima Bindu Dulipala (digitally signed on August 4, 2026)
- Chief Financial Officer: U. Krishna Murthy (signed on August 4, 2026)
- Place of Signing: Hyderabad