Statement of Deviation for the issue of share warrants as on 31st March,2026 for the company Kizi Apparels Limited.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kizi Apparels Ltd raised ₹89,28,000 through a preferential issue of share warrants on 24 March 2026. The funds were allocated for working capital requirements (₹3,00,96,000 original allocation) and general corporate purposes (₹75,24,000 original allocation). As of 31 March 2026, the company utilized ₹2,85,69,600 for working capital and ₹71,42,400 for general corporate purposes. The auditors from D G M S & Co. confirmed there is no deviation or variation in the use of funds raised. The filing is for the half year and year ended 31 March 2026.
No deviation in fund utilization is a positive indicator, suggesting the company deployed the warrant proceeds as intended for working capital and general corporate needs.