With reference to the above subject, please find enclosed the Statement of Fund Utilization and Deviation/Variation in utilization of funds under Regulation 32 of SEBI (LODR) Regulations, ....
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Alphalogic Industries Limited filed its quarterly fund utilization report for Q4 FY26 ending March 31, 2026. The company had raised Rs. 126 lakhs (1.26 crore) through preferential allotment of 18 lakh convertible warrants at Rs. 28 per warrant on January 1, 2026. Only 25% of the issue price was received upfront as per warrant terms. The funds were allocated for working capital, general corporate purposes, and business expansion. The company has reported zero deviation or variation in the actual utilization of funds compared to the stated objects. Both the audit committee and auditors have provided no comments, indicating normal operations.
This filing indicates proper fund deployment as per the disclosed objects with no deviation. For shareholders, this is a routine positive compliance update showing the company is utilizing proceeds as intended without any changes to its original plans.