Fund Raising Details
- Mode of Fund Raising: Warrants convertible into equity shares
- Date of Allotment: January 28, 2026
- Amount Raised: ₹60 crores
- Equity Shares Allotted: 37,50,000 equity shares allotted pursuant to conversion of 37,50,000 equity warrants
Quarterly Reporting Period
First quarter ended June 30, 2026
Deviation Status
No deviation(s) or variation(s) in respect of the utilization of the proceeds from the fund raising as per the objects of the issue.
Monitoring Agency
Not Applicable
Shareholder Approval Requirements
Not Applicable (no deviation occurred)
Fund Utilization Details
| Original Object | Allocation (₹ Lakh) | Funds Utilized (₹ Lakh) | Deviation/Variation (₹ Lakh) | Remarks |
| Capital expenditure for growth including acquisition | 3,600 | 188 | NIL | ₹3,321.96 lakhs to be utilized in phased manner for the same purpose |
| Working capital requirements | 1,200 | 1,200 | NIL | |
| General corporate purposes | 1,200 | 1,200 | NIL | |
Committee Reviews
- Audit Committee Comments: None (after review)
- Auditor Comments: None