Statement of Deviation or Variation for the Half year ended September 30, 2025.
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Awaiting price reaction for this filing.
Rajnish Wellness Limited has filed a statement on the use of funds raised through a Right Issue, as required under SEBI Listing Regulations. The company raised ₹24.69 crore against an approved amount of ₹49.90 crore, with funds received on August 20, 2025. Out of the total, ₹13.87 lakhs were earmarked for acquiring Milan Trading Co (₹13.87 lakh) and ₹17.13 crore for augmenting working capital, but nothing has been spent on these two objectives so far. Only ₹83.80 lakh has been utilized under the General Corporate Purposes head out of the ₹6.17 crore allocated. The company confirmed there is no deviation or variation from the originally stated purpose of the fund raise.
For shareholders, this is a routine compliance filing showing that the company has not deviated from its stated use of Right Issue proceeds, though deployment of the bulk of the funds (over 96%) is still pending. This could be a point to watch in upcoming quarters, as delayed utilization may draw investor questions on deployment strategy.