Logica Infoway Limited submitted a mandatory SEBI LODR Regulation 32 compliance statement confirming no deviation in utilization of ₹16.11 crore preferential issue funds.
The company reported ₹15.13 crore (93.9%) of funds utilized as of March 31, 2026, with capital expenditure partially deployed and working capital fully utilized.
The disclosure was reviewed by the Audit Committee and noted by the Board on May 12, 2026, and filed due to technical constraints in the XBRL reporting utility.
Funds were raised on March 1, 2025, for capital expenditure (16%), working capital (62%), and general corporate purposes including issue expenses (22%).