Brand Concepts Confirms No Deviation in Warrant Proceeds Utilization

Brand Concepts Ltd has filed a Statement of Deviation or Variation for the quarter ended June 30, 2026, confirming no deviation in the utilization of proceeds raised through the issuance of convertible warrants to the promoter group on a preferential basis. The total amount raised was ₹9,74,89,500. Funds were allocated for working capital, expansion of manufacturing facilities, brand building, and acquiring new brands. The utilization reported for the quarter was ₹9,74,48,990.12, with no significant deviation noted. The company has confirmed compliance with SEBI Listing Regulations.