Key Fund Details

  • Mode of Fund Raising: Qualified Institutions Placement (QIP)
  • Date of Fund Receipt: July 2, 2026 (Date of Allotment of Equity Shares)
  • Amount Raised: ₹50,000 lakh (₹500 crore) - Gross proceeds
  • Monitoring Agency: CRISIL Ratings Limited
  • Quarter Reported: September 30, 2026

Fund Utilization Status

Is there any deviation/variation in use of funds raised?: No

Objects of Fund Raising:

1. Funding of working capital requirements

2. General Corporate Purposes

Detailed Utilization Breakdown

| Purpose | Original Allocation (₹ in lakh) | Funds Utilized up to 30.09.2026 (₹ in lakh) | Deviation/Variation (₹ in lakh) | Remarks |

| Funding of working capital requirements | 40,000.00 | 15,000.00 | Nil | Utilised towards funding of working capital facilities |

| General Corporate Purposes | 8,539.81 | Nil | Nil | No utilisation during the quarter |

| Issue Expenses | 1,460.19 | 1,460.19 | Nil | Utilised for Issue Expenses |

| Total | 50,000.00 | 16,460.19 | Nil | Unutilized net proceeds: ₹33,539.81 lakh |

Regulatory and Governance Aspects

  • Shareholder Approval: Not Applicable (no deviation)
  • Explanation for Deviation: Not Applicable
  • Audit Committee Comments: No Comments
  • Auditors Comments: No Comments
  • Review and Approval: The statement was reviewed and approved by the Audit Committee and Board at their respective meetings held on November 12, 2026

Additional Information

The statement is also available on the company's website at https://manoramagroup.co.in/