Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raminfo Limited has filed a quarterly compliance statement under SEBI Listing Regulation 32, confirming there is no deviation or variation in how it has used funds raised through its preferential issue. The company had raised Rs. 23.69 crore on March 29, 2024 (Rs. 11.64 crore from equity shares and Rs. 12.04 crore from warrants), earmarked for funding projects/JVs, working capital, and general corporate purposes. For the quarter ended June 30, 2025, the company has utilized Rs. 10.58 crore toward projects/JVs and working capital and Rs. 3.32 crore for general corporate purposes, totaling about Rs. 13.90 crore (roughly 59% of the amount raised). The Audit Committee reviewed the statement and confirmed full compliance, with no deviation reported.
This is a routine positive compliance filing — it reassures shareholders that the capital raised from the preferential issue is being used as originally promised, with no misuse or change of purpose. No negative impact on the stock; steady progress on stated objectives.