Please find attached Statement of Utilization/Variation of Fund for QE Dec 31, 2025
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Awaiting price reaction for this filing.
Khoobsurat Limited filed its quarterly statement confirming there is no deviation or variation in the use of funds raised through its Rights Issue conducted from May 21 to June 13, 2024, which raised a total of ₹33.74 crore. The funds have been deployed across stated objects: ₹6 crore invested in equity of Salcete Brewing Limited, ₹17 crore used for purchase of tradable and strategic securities, ₹7.75 crore for general corporate purposes (revised upward from ₹5.74 crore), and ₹99.32 lakh for Rights Issue expenses (revised down from ₹1.50 crore). A reallocation of ₹2 crore from the original ₹3.50 crore earmarked for purchasing corporate offices in Mumbai and Goa was shifted to general corporate purposes, and this revised allocation has not yet been utilized (nil). The total utilized as of December 31, 2025 is ₹31.74 crore. No monitoring agency is appointed and there are no comments from the Audit Committee or auditors.
This is a routine compliance filing under SEBI LODR Regulations confirming that Rights Issue proceeds are being used broadly as disclosed to shareholders, with no misuse. The pending ₹2 crore for corporate office purchases remains undeployed, but the reallocation is already reflected. For retail investors, the takeaway is neutral — no red flags on fund diversion, though the company has held back on planned office purchases.