Monthly Update13 Feb 2026, 07:02 pm
Innovana Thinklabs Ltd Confirms No Deviation in Preferential Issue of Warrants Proceeds
AI Summary
Innovana Thinklabs Ltd has released a statement of deviation and variation in the use of proceeds from preferential issue of warrants under Regulation 32 of SEBI (LODR) Regulations, 2015. The company confirmed that there is no deviation or variation in the use of proceeds from the preferential issue of warrants. The company raised a total of Rs. 37,06,60,000, out of which Rs. 14,43,85,000 was received as of December 31, 2025. The remaining amount is expected to be received within 18 months from the date of allotment of the share warrants.
Key Highlights
- Innovana Thinklabs Ltd confirms no deviation in the use of proceeds from preferential issue of warrants
- Company raised a total of Rs. 37,06,60,000 through preferential issue of warrants
- As of December 31, 2025, the company had received Rs. 14,43,85,000 out of the total issue proceeds
- The remaining Rs. 22,62,75,000 is expected to be received within 18 months from the date of allotment of the share warrants
- No deviations or variations in the utilization of issue proceeds from the stated objects, as observed by the Audit Committee
Price Impact
More from INNOVANA