Fund Raising Details
- Mode of Fund Raising: Issue of Warrants on Preferential basis
- Date of Raising Funds: 19th November 2025 and 26th November 2025
- Amount Raised: ₹24,60,00,000/- (Twenty Four Crore Sixty Lakh)
- Reporting Period: Quarter and year ended 31st March 2026
Utilization of Funds
Object 1: To augment capital base and provide fund requirements for increasing operational scale with respect to NBFC activities
- Original Allocation: ₹87,90,00,000
- Funds Utilized: ₹24,23,88,176.40
- Deviation/Variation: None
Object 2: General corporate purposes
- Original Allocation: ₹10,00,00,000
- Funds Utilized: Not utilized (shown as "-")
- Deviation/Variation: None
Object 3: Issue related expenses
- Original Allocation: ₹50,00,000
- Funds Utilized: ₹36,11,823.60
- Deviation/Variation: None
Key Findings
- Total Deviation/Variation: No deviation or variation in use of funds raised
- Shareholder Approval Requirement: Not applicable
- Explanation for Deviation: Not applicable
- Monitoring Agency: Not applicable
Committee Review
- The statement was reviewed by the Audit Committee in its meeting held on 28th May 2026
- Audit Committee comments: Not applicable
- Auditor comments: Not applicable
Additional Information
- The company did not undertake any fund-raising activity or issue any securities during the quarter ended 31st March 2026
- The amounts disclosed remain unchanged from the preceding quarter
- The filing includes a definition clarifying that deviation could mean: (a) Deviation in objects/purposes, (b) Deviation in amount utilized, or (c) Change in terms of contract referred to in fund-raising document