
Corporate Governance5 Nov 2026, 07:25 pm
BRG Infra: No Deviation in Warrants Fund Use for H1 FY27
AI Summary
B.R.Goyal Infrastructure Ltd has filed a Statement of Deviation/Variation for the half-year ended September 30, 2026, concerning funds raised through a preferential issue of convertible warrants. The company raised ₹327.25 Lakhs (out of a total issue size of ₹1309.00 Lakhs) on August 12, 2026, through 11,00,000 warrants at an exercise price of ₹119/- each. As of September 30, 2026, the received amount of ₹327.25 Lakhs has been fully utilized for working capital requirements. The filing confirms no deviation or variation in the utilization of these funds, as reviewed by the Audit Committee and taken on record by the Board of Directors.
Key Highlights
- No deviation reported in the utilization of funds raised via preferential issue.
- ₹327.25 Lakhs received and fully utilized for working capital.
- Funds were raised through convertible warrants on August 12, 2026.
- Statement covers the half-year period ending September 30, 2026.
Price Impact
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