ETHOSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ethos Ltd has filed a nil deviation report for its Rights Issue raised on July 4, 2025. The company raised Rs 40,990.50 lakh (approximately Rs 410 crore) and utilized Rs 10,978.97 lakh by March 31, 2026. Of the Rs 31,000 lakh allocated for working capital, Rs 10,610.48 lakh was utilized, while the Rs 9,611.48 lakh earmarked for General Corporate Purposes remained untouched. Issue expenses accounted for Rs 368.49 lakh. The monitoring agency, CRISIL Ratings Limited, has confirmed no deviation from the disclosed objects of the rights issue. This is a routine compliance filing confirming proper utilization of proceeds as per the placement document.
Positive signal for shareholders — the company is deploying funds according to plan with no unauthorized changes to the use of proceeds. The low utilization (27% of raised amount) suggests funds are being deployed gradually as per business requirements.