Rs 69.30 lakh raised through warrant conversion, with no deviation
Price
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Awaiting price reaction for this filing.
The company filed its fund-use statement for the quarter and half-year ended 30 September 2026. On 29 September, it converted 330,000 warrants into shares of Rs 10 each after non-promoter investor Vivaro Enterprises paid Rs 21 per warrant, adding Rs 69.30 lakh. Total funds were Rs 92.40 lakh, including Rs 23.10 lakh paid at allotment. Funds are intended for working capital, general corporate purposes and issue expenses. No deviation from the planned use was reported.
The Rs 69.30 lakh inflow supports liquidity and working capital. No change in fund use or other clear stock-price catalyst was reported.