Preferential Issue Details - First Tranche (Annexure A)

  • Mode of Fund Raising: Preferential Allotment - Convertible Warrants issued on Preferential basis
  • Date of Raising Funds: 04.04.2025
  • Amount Raised: ₹925.08 Lakhs
  • Monitoring Agency: Not applicable
  • Deviation/Variation Status: No deviation or variation in use of funds

Fund Utilization - First Tranche (as of 30.06.2026)

  • Working Capital Requirements: Allocated ₹472.88 Lakhs, Utilized ₹472.88 Lakhs
  • Investment: Allocated ₹260.00 Lakhs, Utilized ₹259.29 Lakhs
  • General Corporate Purpose: Allocated ₹180.20 Lakhs, Utilized ₹180.20 Lakhs
  • Fund Raising Expenses: Allocated ₹12.00 Lakhs, Utilized ₹11.20 Lakhs
  • Total Utilization: ₹923.57 Lakhs out of ₹925.08 Lakhs raised
  • Balance in Special Account: ₹1.51 Lakhs

Preferential Issue Details - Second Tranche (Annexure B)

  • Mode of Fund Raising: Preferential Allotment - Convertible Warrants issued on Preferential basis
  • Date of Raising Funds: 05.12.2025
  • Amount Raised: ₹1658.68 Lakhs
  • Monitoring Agency: Not applicable
  • Deviation/Variation Status: No deviation or variation in use of funds

Fund Utilization - Second Tranche (as of 30.06.2026)

  • Investments: Allocated ₹913.98 Lakhs, Utilized ₹879.11 Lakhs
  • Working Capital Requirements: Allocated ₹677.59 Lakhs, Utilized ₹676.65 Lakhs
  • General Corporate Purpose: Allocated ₹54.61 Lakhs, Utilized ₹52.26 Lakhs
  • Fund Raising Expenses: Allocated ₹12.50 Lakhs, Utilized ₹10.50 Lakhs
  • Total Utilization: ₹1618.52 Lakhs out of ₹1658.68 Lakhs raised
  • Balance in Special Account: ₹40.16 Lakhs

Additional Information

  • The company has undertaken to submit statements of deviation/variation for the balance amount of preferential issue yet to be raised
  • No shareholder approval required as there is no deviation
  • No comments from Audit Committee or auditors
  • Equity shares were allotted on 2nd May, 2026: 1,01,54,056 Equity shares at price of ₹8.40 each (face value ₹2, premium ₹6.40) to non-promoters