The company confirms there are no deviations or variations in the utilization of proceeds from its Initial Public Offer during the half year ended September 30, 2026, compared to the objects stated in the prospectus.
Key Details:
- Mode of Fund Raising: Public Issues
- Date of Raising Funds: July 07, 2026 (date of allotment)
- Amount Raised: ₹2721.60 Lakhs (Gross Proceeds from Fresh Issue)
- Reporting Period: Quarter and Half Year ended September 30, 2026
- Monitoring Agency: Not Applicable
Fund Utilization Details:
The funds have been utilized exactly as originally allocated:
- Working Capital: Original Allocation: ₹1972.61 Lakhs, Funds Utilized: ₹1972.61 Lakhs
- General Corporate Purposes: Original Allocation: ₹400.00 Lakhs, Funds Utilized: ₹400.00 Lakhs
- Issue Expenses: Original Allocation: ₹349.44 Lakhs, Funds Utilized: ₹349.44 Lakhs
Governance and Approval:
- The statement was reviewed and approved by the Audit Committee in their meeting held on October 30, 2026
- No comments from auditors regarding the fund utilization
- The disclosure was signed by Sanjay Kumar Rathi, Managing Director (DIN: 01484666) on October 30, 2026