Key Quantitative Figures

  • Amount raised through preferential issue: ₹212.20 crores
  • Date of fund raising: February 22, 2024
  • Quarter covered by the report: June 30, 2026

Monitoring and Compliance Details

  • Monitoring agency: CARE Ratings Limited
  • Deviation/variation in use of funds: No deviation or variation reported
  • The statement confirms no change in terms of contract or objects that would require shareholder approval

Fund Utilization Status

The company confirmed that there has been no deviation or variation in the utilization of proceeds raised through the preferential issue. The original objects for which funds were raised remain unchanged, and no modifications to allocation or utilization have occurred during the quarter ended June 30, 2026.

Audit and Governance Aspects

  • Audit committee comments: Not applicable (no deviation)
  • Auditor comments: Not applicable (no deviation)
  • Shareholder approval: Not required (no deviation)