Corporate Action30 Apr 2026, 06:41 pm
Dhruva Capital: No Deviation in Preferential Issue Fund Utilization
AI Summary
Dhruva Capital Services Ltd confirmed no deviation or variation in the utilization of proceeds from its Preferential Issue, as per SEBI Listing Regulations. The company raised ₹1830.75 Lakhs on July 30, 2025, specifically for working capital. The report, filed for the quarter ended March 31, 2026, and reviewed by Chartered Accountants, verifies that the funds were utilized in accordance with the objects stated in the Extra-Ordinary General Meeting notice dated February 10, 2025.
Key Highlights
- Dhruva Capital confirmed no deviation in preferential issue fund utilization.
- ₹1830.75 Lakhs raised on July 30, 2025, for working capital.
- Funds utilized as per stated objects for the quarter ended March 31, 2026.
- Chartered Accountants also confirmed no deviation in fund utilization.
Price Impact
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