First Preferential Allotment (Annexure A)
Date of Fund Raising: 04.04.2025
Amount Raised: ₹925.08 Lakhs (₹92,508,000)
Fund Utilization as of 31.03.2026:
- Funding Working Capital Requirements: ₹471.38 Lakhs utilized (against allocated ₹472.88 Lakhs)
- Investment: ₹259.10 Lakhs utilized (against allocated ₹260.00 Lakhs)
- General Corporate Purposes: ₹180.20 Lakhs utilized (fully allocated)
- Fund Raising Expenses: ₹11.20 Lakhs utilized (against allocated ₹12.00 Lakhs)
Total Utilized: ₹921.88 Lakhs out of ₹925.08 Lakhs raised
Balance in Special Account: ₹3.20 Lakhs
Second Preferential Allotment (Annexure B)
Date of Fund Raising: 05.12.2025
Amount Raised: ₹1310.59 Lakhs (₹131,059,000)
Fund Utilization as of 31.03.2026:
- Funding Working Capital Requirements: ₹879.11 Lakhs utilized (against allocated ₹913.98 Lakhs)
- Investment: ₹341.67 Lakhs utilized (against allocated ₹350.00 Lakhs)
- General Corporate Purposes: ₹328.02 Lakhs utilized (against allocated ₹336.40 Lakhs)
- Fund Raising Expenses: ₹8.50 Lakhs utilized (against allocated ₹12.00 Lakhs)
Total Utilized: ₹1245.28 Lakhs out of ₹1310.59 Lakhs raised
Balance in Special Account: ₹65.31 Lakhs
Key Findings
Deviation Status: No deviation or variation in use of funds raised for both allotments
Monitoring Agency: Not applicable
Shareholder Approval: Not required (no deviation)
Audit Committee Comments: Not provided
Auditor Comments: Not provided
Additional Information
The company has undertaken to submit future statements of deviation/variation as per Regulation 32 for any balance amount of preferential issue yet to be raised.