Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Submission of Monitoring Agency Report
Date of Board Meeting / Approval: August 07, 2026
Audit Opinion: Not Specified
Auditor's Comment: Not Specified
Key Financial Highlights:
Rights Issue Details:
- Total Equity Shares Issued: 73,81,359 shares
- Issue Price: ₹60 per share
- Proposed Fund Raise: ₹44.29 crore
- Actual Amount Received: ₹44.06 crore (99.48% of subscribed amount)
Utilization of Proceeds as of June 30, 2026:
| Object of Utilization | Original Cost (₹ Crore) | Utilized in Current Quarter (₹ Crore) | Utilized in Previous Quarters (₹ Crore) | Total Utilized (₹ Crore) | Balance (₹ Crore) |
| Investment in SPV (Hare Krishna Creative Realty Private Limited) | 43.81 | 21.96 | 21.81 | 43.77 | 0.04 |
| Issue Expenses | 0.48 | 0.19 | 0.10 | 0.29 | 0.19 |
| Any other purpose approved by board | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Utilization: ₹44.06 crore out of ₹44.06 crore raised
Corporate Actions:
Rights Issue Completion:
- Rights issue of equity shares completed
- Funds raised: ₹44.06 crore
- No dividend declarations, share splits, bonus issues, or buybacks reported
Other Significant Information:
Promoters: Nitin Jain and Bela Agrawal
Industry/Sector: Jewellery
Monitoring Agency Agreement: Dated December 12, 2025
CA Certificate Provider: G.S. Tatiwala and Company (certificate dated August 03, 2026)
Bank Accounts for Proceeds:
- Silgo Retail Limited Allotment Account: HDFC Bank - 57500001912526
- Silgo Retail Limited Monitoring Account: HDFC Bank - 57500001912351
- Both accounts showed ₹0.00 balance as of quarter end
Board Meeting Details:
- Commenced at 11:15 AM
- Concluded at 11:35 AM
- Date: August 07, 2026