Company Disclosure
Key Quantitative Figures
- Total Amount Raised: ₹27,86,73,000 (Twenty-Seven Crore Eighty-Six Lakh Seventy-Three Thousand Rupees)
- Rights Issue Details:
- Number of shares allotted: 1,46,67,000 partly paid-up equity shares
- Allotment date: April 24, 2023
- Face value: ₹10 per share (₹2.50 paid up)
- Issue price: ₹19 per share (including premium of ₹9 per share)
- Application Money Received: ₹6,96,68,250 received on application for 1,46,67,000 shares
Call Money Collection Timeline
The document provides a detailed chronology of call money collections through multiple reminder notices:
1. First and Final Call Notice (dated June 20, 2023):
- Received balance call money of ₹14.25 each on 16,00,904 shares
- Amount received: ₹2,28,12,882 during quarter ended September 30, 2023
2. First Reminder-Cum-Forfeiture Notice (dated August 31, 2023):
- Received balance call money on 6,31,305 shares
- Amount received: ₹89,96,096.25
3. Second Reminder-Cum-Forfeiture Notice (dated February 9, 2024):
- Received balance call money on 13,53,058 shares
- Amount received: ₹1,92,81,076.50
4. Third and Final Reminder-Cum-Forfeiture Notice (dated March 26, 2024):
- Received balance call money on 15,48,958 shares
- Amount received: ₹2,20,72,651.50
Fund Utilization Status
- Deviation/Variation: No deviation or variation in the use of proceeds from the objects stated in the Letter of Offer dated February 14, 2023
- Utilization Confirmation: All funds have been used strictly as per the original objects of the issue
- Monitoring Agency: Not applicable
- Shareholder Approval: Not applicable (no deviation occurred)
- Audit Committee Comments: Not applicable
- Auditor Comments: Not applicable