We hereby annex the Statement on Deviation or variation pursuant to Reg 32(1) of SEBI (LODR) Regulations, 2015.
FINKURVE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Finkurve Financial Services Ltd has filed a compliance declaration confirming that the Rs. 141.50 crore raised through a preferential issue of equity shares and share warrants (issued on May 21 and May 27, 2025) has been used for the stated purpose with no material deviation. The funds were intended for onward lending, investments, and repayment of borrowings. Of the total raised, Rs. 111.50 crore has been utilised so far, with Rs. 30 crore remaining — this represents the 75% balance subscription amount for share warrants that is yet to be received. The Audit Committee reviewed and noted the statement on May 20, 2026, and CRISIL Rating Limited was the monitoring agency assigned for this issue.
Positive signal for investors — the company has confirmed proper utilisation of funds with no deviation, and the pending Rs. 30 crore from warrant subscriptions is expected inflows, indicating ongoing capital deployment.