Arihant Foundations: No Deviation in Preferential Issue Proceeds

Arihant Foundations & Housing Ltd has filed its Monitoring Agent Report for the quarter ended June 30, 2026. The report confirms no deviation or variation in the utilization of proceeds from its Preferential Issue of Equity Shares and Convertible Share Warrants. The total amount raised was ₹108.60 crore, with ₹84.87 crore utilized as of the reporting date. The unutilized amount of ₹23.73 crore is held in fixed deposits and bank balances. The utilization aligns with the objects stated in the offer document.