Funds Raised Details

  • First Fund Raising: Date: 09-07-2026, Amount: ₹506.25 lakhs, Mode: Public Issues / Rights Issues / Preferential / QIP / Others (not specified)
  • Object: To meet long-term funding requirements including working capital and general corporate purposes to support future growth.
  • Allocation: ₹506.25 lakhs, Modified Allocation: NIL, Funds Utilised: ₹506.25 lakhs, Deviation: NIL, Remark: NIL
  • Second Fund Raising: Date: 09-07-2026, Amount: ₹684.00 lakhs, Mode: Public Issues / Rights Issues / Preferential / QIP / Others (not specified)
  • Objects and Utilisation:
  • Lab Scale Tech Transfer Fee to GMBU, Germany: Allocated ₹75.00 lakhs, Utilised ₹75.00 lakhs, Deviation ₹0.00, Remark: Nil
  • Deposit For Land Lease: Allocated ₹100.00 lakhs, Utilised ₹100.00 lakhs, Deviation ₹0.00, Remark: Nil
  • Land Development: Allocated ₹188.00 lakhs, Utilised ₹104.00 lakhs, Deviation ₹0.00, Remark: Nil
  • Consumables: Allocated ₹100.00 lakhs, Utilised ₹100.00 lakhs, Deviation ₹0.00, Remark: Nil
  • Travelling & Accommodation of German Tech: Allocated ₹35.00 lakhs, Utilised ₹35.00 lakhs, Deviation ₹0.00, Remark: Nil
  • Pre Operative Expenses: Allocated ₹125.00 lakhs, Utilised ₹125.00 lakhs, Deviation ₹0.00, Remark: Nil
  • Quality Control Equipments: Allocated ₹61.00 lakhs, Utilised ₹61.00 lakhs, Deviation ₹0.00, Remark: Nil
  • Total Allocated: ₹684.00 lakhs, Total Utilised: ₹600.00 lakhs (sum of individual utilisations), but no overall deviation reported.

Governance and Review

  • The statement was reviewed by the Audit Committee and the Board of Directors in a meeting held on 11th November, 2026.
  • Audit Committee Comments: No Comments
  • Auditors Comments: No Comments

Impact

  • No deviation or variation in the use of funds raised for both instances.
  • Funds utilised as per original objects with no modifications or shareholder approvals required.
  • Financial impact not quantified beyond the utilisation amounts disclosed.