Document Overview
Porwal Auto Components Limited (Scrip Code: 532933, ISIN: INE386I01018) submitted a regulatory compliance statement to BSE Limited dated November 13, 2026, pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 32 read with SEBI Circular No. CIR/CFO/CMDI/162/2019 dated December 24, 2019.
Fund Raising Details
Mode of Fund Raising: Allotment of Equity shares and warrants on a Preferential basis
Equity Share Allotment (09.07.2026):
- Number of Equity Shares: 1,754,384
- Money Received: ₹9,99,99,888/-
- Issue Price: ₹57 per share (including premium of ₹47 per share)
Warrant Allotment (Series A, 09.07.2026):
- Number of Warrants: 394,735
- Upfront Money Received (25% of total consideration): ₹56,24,973/-
- Total Warrant Value: ₹224.99 lakh
- Conversion Period: 18 months as per SEBI ICDR regulations
Total Amount Raised: ₹1056.25 lakh (including ₹56.25 lakh received against warrants)
Fund Utilization Status
Original Objects and Utilization (as of September 30, 2026):
- Capital Expenditure for manufacturing facilities: Original allocation of ₹1224.98 lakh (₹999.99 lakh from equity + ₹224.99 lakh from warrants)
- General Corporate Purpose: Included in overall allocation
- Total Amount Utilized: ₹577.03 lakh
- Deviation/Variation: None
Governance Process
- The statement was reviewed by the Audit Committee
- Taken on record by the Board of Directors
- Signed by Hansika Mittal, Company Secretary