Company raised Rs 322.5 million via preferential issue for business expansion and corporate purposes Back

<p>The company raised Rs 322500000 through a preferential issue on March 26, 2026, and, as of September 30, 2026, there has been no deviation in the use of those funds, according to a regulatory filing. Funds were allocated for expansion of a new business, working capital for a new business, strategic investment, and general corporate purposes, with Rs 50000000, Rs 240000000, Rs 0, and Rs 77500000 respectively, Ravindranath Rajaram, Chief Financial Officer, stated in the filing.</p>