Pursuant to Reg 32 of SEBI (LODR), 2015 and Reg 82(4) of SEBI (ICDR), 2018, we hereby submit the utilisation certificate for the quarter ended March 31st, 2026.
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Supra Pacific Financial Services, an NBFC engaged in gold loans, vehicle loans, and MSME lending, has submitted its Monitoring Agency Report for the quarter ended March 31, 2026 regarding utilization of Rights Issue proceeds. The rights issue, completed between March 20-27, 2026, raised Rs. 36.46 crore (72.92% of the proposed Rs. 50 crore) at Rs. 23 per share. The funds were received in the escrow account on March 30-31, 2026, immediately before quarter-end. As on March 31, 2026, the entire Rs. 36.46 crore remains completely unutilized with no deployment towards any of the stated objects. Deployment was initiated post-quarter-end. Planned utilization includes repayment of borrowings (Rs. 18.08 crore), augmenting NBFC capital base (Rs. 12.66 crore), and general corporate purposes (Rs. 4.97 crore). Issue expenses came in slightly higher at Rs. 0.75 crore versus estimated Rs. 0.64 crore.
The unutilized proceeds indicate the company is yet to deploy capital towards its growth plans and debt repayment. While this is common for recently concluded issues, investors should monitor Q1 FY27 deployment to ensure funds are put to productive use as disclosed in the Letter of Offer. No deviations from stated objects were reported.