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Industrial Gases
Quarterly Updates30 May 2026, 06:12 pm

Hilltone Software: Deviation Statement for March 2026

AI Summary

Hilltone Software and Gases Ltd filed a statement of variation and deviation for the quarter ending March 31, 2026, regarding funds raised through preferential issues. The company raised ₹8,31,66,000.00 on 28-08-2023 and ₹9,88,68,000 on 29-11-2025. There was no deviation or variation in the use of funds raised. The funds were allocated to working capital, business, repayment of loans and issue expenses.

Key Highlights

  • Hilltone Software reported no deviation in the use of funds raised via preferential issues.
  • Funds raised on 28-08-2023 were allocated to working capital, business, repayment of loans and issue expenses.
  • Funds raised on 29-11-2025 were allocated to Gas Business, Engineering Division and Software Division.
  • The report is for the quarter ending March 31, 2026.