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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GHV Infra Projects has submitted its quarterly compliance statement confirming there is no deviation or variation in the use of funds raised through its preferential issue. The company had raised Rs. 26.11 crore on 12 December 2024 via a preferential issue, intended mainly for expansion and diversification of business. Of this amount, Rs. 25 crore was utilized in the December 2024 quarter and the remaining Rs. 1.11 crore in the March 2025 quarter. All other originally stated objects — working capital, capex, financing of business opportunities, general corporate purposes, and issue expenses — show NIL allocation and NIL utilization. The Audit Committee and auditors have no comments, and no monitoring agency was appointed for this issue.
This is a routine compliance filing that simply confirms the company has used the Rs. 26.11 crore preferential issue proceeds exactly as promised to shareholders. No material impact on the stock, but it reassures investors that funds are being deployed for the stated expansion and business diversification purpose.