Regulatory20 May 2026, 06:32 pm
Finkurve: No Deviation in Preferential Issue Proceeds
AI Summary
Finkurve Financial Services Ltd declared that the proceeds from its preferential issue of equity shares and share warrants, raised on May 21 and May 27, 2025, totaling ₹141.50 Crore, were utilized for the purposes stated in the offer document. The company confirms no material deviation in the use of these funds for the quarter ended March 31, 2026. The Audit Committee reviewed and noted this statement on May 20, 2026.
Key Highlights
- Finkurve confirms no deviation in use of ₹141.50 Crore preferential issue proceeds.
- Funds used as stated in offer document for quarter ended March 31, 2026.
- Audit Committee reviewed and noted the statement on May 20, 2026.
- Preferential issue included equity shares and share warrants on private placement basis.
Price Impact
More from FINKURVE