Brand Concepts: No Deviation in Warrant Proceeds Utilization

Brand Concepts Ltd. confirms no deviation or variation in the utilization of proceeds raised through the issuance of warrants to the promoter group on a preferential basis for the quarter and year ended March 31, 2026. The funds raised amounted to ₹7,49,89,500 and were allocated for working capital and expansion, with ₹6,52,39,005.79 utilized. An ad hoc payment of ₹2.5 crore was received on February 27, 2026, against the brand consideration of acquiring 75% new brands.