Upsurge Investment & Finance Preferential Issue Fund Use Nil Deviation

Key Quantitative Figures

• Amount Raised through Preferential Issue: ₹10,12,87,500 (Ten Crore Twelve Lakh Eighty-Seven Thousand Five Hundred)
• Date of Fund Raising: 23rd February, 2026
• Funds Utilized: ₹10,12,87,500 (Full amount raised)
• Amount of Deviation/Variation: NIL

Period Covered

Quarter ended 31st March, 2026

Purpose of Funds Raised

Funds were raised for capital expenditure, working capital, and general corporate purposes.

Deviation Status

There is no deviation or variation in the use of proceeds raised through the preferential issue of equity shares issued pursuant to conversion of warrants.

Monitoring Agency

Not applicable

Shareholder Approval

Not applicable (no deviation occurred)

Explanation for Deviation

NA (no deviation occurred)

Audit Committee Comments

No Comments

Auditor Comments

No Comments

Filing Destination

The Manager, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001