StockWatch
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Other Industrial Products
Corporate Governance26 Oct 2026, 07:12 pm

Alphalogic Industries Files Fund Utilization Report

AI Summary

Alphalogic Industries Ltd has submitted its Statement of Fund Utilization and Deviation/Variation for the quarter and half-year ended September 2026, as per SEBI (LODR) Regulations. The company raised ₹69,30,000 (₹0.69 Crore) upon conversion of warrants by Vivaro Enterprises Limited, which was the balance payment. The total funds raised from this warrant conversion amounted to ₹92,40,000 (₹0.92 Crore). The funds were utilized for working capital requirements, general corporate purposes, and issue expenses. The company reported no deviation or variation in the utilization of these funds.

Key Highlights

  • Alphalogic Industries filed fund utilization statement for Q2 FY27.
  • ₹69.30 Lakhs received as balance warrant conversion payment.
  • Total warrant conversion funds raised: ₹92.40 Lakhs.
  • Funds utilized for working capital and general corporate purposes.
  • No deviation reported in fund utilization.