Key Quantitative Figures
- Amount Raised: ₹399,999,927.38 (approximately ₹400 crore)
- Date of Fund Raising: September 23, 2026
- Funds Utilized in Q3 2026: ₹50,000,000 (₹5 crore)
- Reporting Quarter: September 30, 2026
Fund Utilization Details
- Mode of Fund Raising: Preferential issue
- Original Object: Working Capital Utilization including repayment/prepayment of existing working capital borrowings and funding of company's working capital
- Original Allocation: ₹399,999,927.38
- Funds Utilized for Quarter: ₹50,000,000
- Deviation/Variation: No deviation or variation in use of funds
- Modified Object: Not applicable
- Amount of Deviation: Not applicable
Approval and Review
- Audit Committee Review: Approved at meeting held on November 6, 2026
- Auditor Comments: Not applicable
- Comments on Deviation: Not applicable
Signatories and Dates
- Company Secretary & Compliance Officer: Mahabaleshwar Bhat (digitally signed on November 6, 2026)
- Chief Financial Officer: Dillip Kumar Pani
- Filing Date: November 6, 2026
Financial Impact Assessment
The disclosure confirms that the company has utilized funds strictly in accordance with the original objects disclosed during the fund raising. No financial impact from deviation or variation reported.