Interactive Financial Services: No Deviation in Right Issue Fund Utilization

Interactive Financial Services Ltd has confirmed no deviation in the utilization of funds raised through its Right Issue dated January 13, 2025, for the quarter ended June 30, 2026. The company stated that the use of proceeds aligns with the objects outlined in the Letter of Offer. A statement of deviation or variation, reviewed by the Audit Committee and certified by the Statutory Auditor, is attached. Notably, there was a reallocation of funds from 'Setting Up of Office Space' to 'Increase Networth of Company' approved by shareholders in an EGM on September 25, 2025. Total funds raised were ₹1,175.11 lakhs, with ₹1,160.68 lakhs utilized during the period.