
Corporate Governance4 Nov 2026, 08:32 pm
Capfin India: No Deviation in Preferential Issue Fund Utilization
AI Summary
Capfin India Limited has filed a statement confirming no deviation or variation in the utilization of proceeds from its preferential issue of equity shares. The funds raised, amounting to ₹190.70 Lakhs (₹1.91 Crore) on April 14, 2026, were intended for working capital requirements and general corporate purposes. The Audit Committee has reviewed the statement and found no comments. The utilization reported for the quarter and half-year ended September 30, 2026, shows ₹190.32 Lakhs utilized, with no significant deviation from the original object.
Key Highlights
- No deviation reported in preferential issue fund utilization.
- ₹190.70 Lakhs raised via preferential issue on April 14, 2026.
- Funds allocated for working capital and general corporate purposes.
- Audit Committee reviewed and found no issues.
- ₹190.32 Lakhs utilized as of September 30, 2026.
Price Impact
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