Panafic Industrials Limited submitted a regulatory filing to BSE Limited pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended 30th June, 2026.

The statement confirms that there are no deviations or variations in the utilization of proceeds from the right issue compared to the objects specified in the offer document during the quarter.

Key Details of Fund Raising

  • Mode of Fund Raising: Right Issue
  • Date of Raising Funds: 26th May, 2026 (Date of allotment of Equity Shares)
  • Amount Raised: ₹41,06,25,000 (Rupees Forty-One Crores Six Lakhs Twenty-Five Thousand Only)
  • Monitoring Agency: LDR Valuation and Rating Limited

Utilization of Funds During Quarter Ended 30th June 2026

1. Working Capital Requirements

  • Allocated Amount: ₹36,00,00,000
  • Utilized Amount: ₹27,53,00,000
  • Purpose: Disbursement of loans in the ordinary course of NBFC business
  • Details: Loans were disbursed to 56 borrowers comprising individuals, HUFs, partnership firms, LLPs, private limited companies and other business entities. The monitoring agency confirmed this utilization was consistent with the company's normal lending operations and aligned with the object of augmenting working capital requirements.

2. General Corporate Purposes

  • Allocated Amount: ₹4,56,25,000
  • Utilized Amount: ₹4,10,00,000
  • Breakdown of Utilization:
  • ₹3,55,00,000 towards repayment of unsecured loans availed from Rkajal Advisory Services Private Limited
  • ₹1,00,00,000 repaid on June 08, 2026
  • ₹2,55,00,000 repaid on June 10, 2026
  • ₹0,45,00,000 towards fees for increase in authorized share capital
  • ₹0,10,00,000 towards other pre-issue expenses

3. Issue Expenses

  • Allocated Amount: ₹50,00,000
  • Utilized Amount: ₹50,00,000
  • Purpose: Filing fees and other ancillary expenses towards the right issue

Regulatory and Governance Aspects

  • The statement has been reviewed by the Audit Committee of the Company and taken on record by the Board of Directors
  • The monitoring agency, LDR Valuation and Rating Limited, confirmed that no deviation or variation in the utilization of issue proceeds was observed during the reporting period
  • All utilization was in accordance with the objects specified in the offer document