Key Quantitative Figures

  • Total funds raised through warrant conversions: ₹19,760,810 (₹19.76 crore)
  • Number of warrants converted: 31,46,000 (31.46 lakh)
  • Total amount received for subscription: ₹26,34,77,500
  • Number of allottees: 9 (Nine)

Warrant Conversion Details

Funds were raised through seven separate warrant conversion events between January 31, 2026 and March 19, 2026:

  • January 31, 2026: ₹4,258,700
  • February 12, 2026: ₹3,844,100
  • March 3, 2026: ₹1,091,000
  • March 10, 2026: ₹3,043,900
  • March 16, 2026: ₹2,225,700
  • March 18, 2026: ₹3,414,100
  • March 19, 2026: ₹1,884,400

Fund Utilization

  • Original object: Share Acquisition and Working Capital
  • Modified object: None
  • Original allocation: ₹19,760,810
  • Modified allocation: None
  • Funds utilized: ₹19,760,810
  • Amount of deviation/variation: Nil
  • Remarks: Nil

Capital Structure Impact

The company completed the conversion of all 31,46,000 warrants into equity shares during the quarter ended March 31, 2026, resulting in zero warrants outstanding. The conversion occurred upon receipt of the remaining 75% of the total amount payable towards subscription of the warrants.

Financial Impact

No deviation or variation in the utilization of funds raised. The entire amount of ₹19,760,810 was utilized for the originally stated objects of Share Acquisition and Working Capital.