Corporate Governance11 Aug 2026, 07:20 pm
Fundviser Capital: No Deviation in Warrant Fund Use for Q1 FY27
AI Summary
Fundviser Capital (India) Ltd has filed a Statement of Deviation for the quarter ended June 30, 2026, confirming no variation in the utilization of funds raised through convertible warrants. The company previously allotted 19,85,000 equity shares upon conversion of warrants. As of June 30, 2026, the balance of funds available for utilization was ₹10,96,75,000. The company utilized ₹34,78,54,705 out of the total raised funds for investments in subsidiaries and general corporate purposes. The Audit Committee reviewed the statement and found no comments. The filing clarifies that any deviation was declared in the March 2026 results.
Key Highlights
- No deviation in convertible warrant fund utilization for Q1 FY27.
- ₹10,96,75,000 available for utilization at the start of the quarter.
- Funds were used for investments in subsidiaries and general corporate purposes.
- Audit Committee reviewed the statement with no adverse comments.
- Previous deviations were declared in the March 2026 results.
Price Impact
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