Key Quantitative Figures

  • Amount Raised: ₹159.94179 crore (Rs 15994.179 lakhs)
  • Date of Fund Raising: May 25, 2026
  • Mode of Fund Raising: Rights Issue
  • Monitoring Agency: CARE Ratings Limited

Fund Utilization Details

There is no deviation or variation in the use of funds raised. The utilization against original objects is as follows:

| Object | Original Allocation (₹ Lakhs) | Funds Utilized (₹ Lakhs) |

| Working capital requirements of the Company | 6000.00 | 1959.00 |

| Funding in subsidiary EFC Limited (Equity/Debt for working capital) | 3000.00 | 1521.00 |

| Funding in subsidiary Ek Design Industries Limited (Equity/Debt for working capital) | 3000.00 | 502.00 |

| General Corporate Purposes | 3912.00 | 159.00 |

| Issue Related Expenses | 82.00 | 0.00 |

Regulatory and Governance Aspects

  • Shareholder Approval: Not applicable (Nil)
  • Explanation for Deviation/Variation: Not applicable (Nil)
  • Audit Committee Comments: After review, confirmed no deviation (Nil)
  • Auditor Comments: Not applicable (Nil)

Dates and Signatories

  • Report Date: November 3, 2026
  • Report Period: Quarter ended September 30, 2026
  • Place: Pune

Financial Impact

No financial impact from deviation or variation as none occurred. The company continues to utilize funds according to the original objects disclosed during the rights issue.