Pursuant to Regulation 32 of Listing Regulations we hereby confirm that there is no deviation or variation in use of the proceeds from the objects stated in the Letter of offer of Right ....
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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.
Interactive Financial Services Ltd filed a quarterly statement confirming that the Rs. 11.50 crore raised through its Rights Issue (January 27 to February 5, 2025) has been used in line with the stated objects, with no deviation. Of the total, Rs. 8.71 crore has been utilized as of March 31, 2025, while Rs. 3.04 crore remains unspent. The unutilized portion of Rs. 2.90 crore is entirely toward setting up office space, while the full allocation for increasing net worth (Rs. 5.95 crore) and general corporate purposes (Rs. 2.50 crore) has been deployed. The Audit Committee confirmed no deviation, and statutory auditor B.T. Vora & Co. certified that proceeds were used for the stated purpose.
This is a routine regulatory compliance filing showing the company has used Rights Issue funds responsibly and as promised to shareholders. The pending office space setup spend means investors should expect updates on that front in coming quarters, but there are no red flags on fund misuse or value leakage.