We attach herewith Statement of Deviation for quarter ending 31.03.2025
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Awaiting price reaction for this filing.
Him Teknoforge has filed a quarterly compliance statement covering the use of money raised from two preferential issues. The first, a ₹1,445.15 lakh equity share preferential issue from September 2024, has been fully utilised, with a minor reallocation of ₹50.58 lakh moved from Capex to Working Capital — this deviation is within 10% of the original plan and was already approved by shareholders in a notice dated 5 August 2024. The second relates to share warrants originally issued in September 2024 totalling ₹2,868.60 lakh; on 27 March 2025, the company received the final 75% call money and converted 6,59,600 warrants into equity shares at ₹175 each (₹2 face value plus ₹173 premium). Of the total warrant issue proceeds, ₹874.65 lakh has been deployed (₹450.15 lakh into Working Capital, ₹424.50 lakh into General Corporate Purpose), while ₹865.73 lakh remains parked in bank cash and credit accounts awaiting future use.
This is a routine SEBI compliance filing and carries no negative signal — funds are being deployed as planned with only a small, pre-approved reallocation. The warrant conversion confirms investor commitment and adds equity capital to the balance sheet, while the unutilised ₹865.73 lakh provides flexibility for upcoming capex or working capital needs.