
Corporate Governance16 Jul 2026, 11:00 pm
Harmony Capital: No Deviation in Fund Utilization for Q1 FY27
AI Summary
Harmony Capital Service Ltd has filed a statement confirming no deviation or variation in the utilization of proceeds from its Preferential Issue of Equity Shares dated 15th April, 2026. The funds raised amounted to ₹9,12,60,000 by allotting 9,12,600 equity shares. This statement, reviewed by the Audit Committee, pertains to the quarter ended 30th June, 2026, and complies with SEBI regulations. The company has confirmed that there were no deviations in the use of funds as originally disclosed, and therefore, no further explanations or shareholder approvals were required.
Key Highlights
- Harmony Capital confirms no deviation in fund utilization for Q1 FY27.
- Funds raised were ₹9.12 Cr via preferential issue on April 15, 2026.
- Statement reviewed by the Audit Committee as per SEBI regulations.
- No changes in original objects or fund allocation reported.
Price Impact
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