Onelife Capital Advisors Limited has informed the Exchange about General Updates
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Onelife Capital Advisors Limited has submitted the Monitoring Agency report by Acuité Ratings & Research Limited for the INR 36.00 crore Rights Issue completed in February-March 2026. The report confirms no deviations from the stated objects of the issue. Out of INR 36 crore raised, INR 27.30 crore has been utilized, with INR 8.70 crore remaining unutilized. The major deployment includes INR 22.50 crore invested in subsidiary Dealmoney Commodities Private Limited (out of INR 27 crore planned) and INR 4.80 crore for General Corporate Purpose. The unutilized INR 8.70 crore is deployed as Fixed Deposit (INR 3.20 crore) and in the Monitoring Agency Account (INR 5.50 crore) with HDFC Bank. The Board stated that GCP funds were not utilized in line with timelines (projected INR 7.20 crore for FY25-26) and will be deployed in the next financial year.
This is a routine compliance filing with no red flags. The Monitoring Agency has confirmed proper utilization of proceeds with no deviations. The unutilized amount is safely deployed in bank deposits. For shareholders, this indicates the rights issue funds are being monitored properly and no misuse is observed.