In terms of Regulation 32 of SEBI LODR Regulations, a copy of the statement of utilization of issue proceeds for the half year ended 30.09.2025 is enclosed herewith.
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Awaiting price reaction for this filing.
Sanghvi Brands has filed its half-yearly statement showing how money raised from the issue has been used so far. Of the total Rs. 1,896.12 lakhs raised, Rs. 1,713.52 lakhs has been utilised, leaving Rs. 182.59 lakhs still pending. Marketing and sales promotion (Rs. 500 lakhs) and general corporate purposes (Rs. 284.42 lakhs) have been fully utilised. Strategic investments are nearly done (Rs. 71.42 lakhs of Rs. 100 lakhs used), while business expansion has seen only Rs. 139.56 lakhs deployed against Rs. 771.70 lakhs earmarked, with the bulk still pending.
This is a routine regulatory disclosure and not a material event. The main thing shareholders should note is the slow deployment of the Rs. 771.70 lakhs meant for business expansion — only about 18% used so far — which means growth initiatives like new outlets and brand acquisitions are behind schedule.