Rights Issue14 May 2026, 01:24 pm
Moongipa Capital Finance: No Deviation in Rights Issue Proceeds
AI Summary
Moongipa Capital Finance Ltd. confirms no deviation or variation in the use of proceeds from its Rights Issue, as per Regulation 32 of SEBI (LODR) Regulations, 2015. The funds raised through the Rights Issue on January 2, 2025, were fully utilized by June 30, 2025, according to the Letter of Offer dated November 27, 2024. A nil deviation statement, reviewed by the Audit Committee, is enclosed with the filing.
Key Highlights
- Moongipa Capital Finance reports no deviation in Rights Issue proceeds utilization.
- Rights Issue funds of ₹1,527.40 Lakhs were fully utilized by June 30, 2025.
- Audit Committee reviewed and approved the nil deviation statement.
- Compliance with Regulation 32 of SEBI (LODR) Regulations, 2015.
Price Impact
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