Announced Mon, 20 Jul · 12:39 IST
Khoobsurat Ltd: No deviation in Rights Issue fund usage for QE June 2026
Compliance View source PDF
Price
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AI summary
Khoobsurat Ltd confirms no deviation or variation in use of Rights Issue funds for QE June 30, 2026. The company raised Rs 33.74 crore via Rights Issue in May-June 2024. Fully utilized amounts: Rs 6 crore for Salcete Brewing equity, Rs 17 crore for tradable and strategic securities, Rs 5.74 crore for general corporate purposes, and Rs 2 crore for business expansion. Corporate office allocation was reduced from Rs 3.5 crore to Rs 2 crore, with balance reallocated.
Likely market impact
Routine compliance filing - no fund misuse reported. Shareholders can trust proceeds are being used as per stated objects.