Jagsonpal Services: No Deviation in Fund Use for Q2 FY27

Jagsonpal Services Ltd has filed its statement of deviation or variation in fund utilization for the quarter ended June 30, 2026. The company raised ₹15.88 Crores through a preferential issue on March 10, 2025. For the reported quarter, the total funds utilized amounted to ₹6.358 Crores. While the development of financial technology and general corporate purposes were fully utilized, the NBFC license application funds were partially utilized due to delays beyond the company's control. Reallocation of unutilized proceeds among existing objects was approved by shareholders on July 31, 2026. The company reported no deviation or variation in the overall use of funds raised.