StockWatch
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Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
Corporate Action28 May 2026, 06:23 pm

One Point One Solutions: No Deviation in Preferential Issue Fund Use

AI Summary

One Point One Solutions Limited has reported no deviation or variation in the utilization of funds raised through its preferential issue of equity shares and warrants for the quarter ended March 31, 2026. This confirmation is based on a Monitoring Agency Report issued by India Ratings & Research Private Limited, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The report relied on management undertakings and a Statutory Auditor Certificate from SIGMAC & Co. The original preferential issue size was INR 304.53 Crores, but actual proceeds received amounted to INR 228.23 Crores due to unsubscribed shares/warrants and forfeited warrants.

Key Highlights

  • No deviation in preferential issue fund utilization for Q4 FY26.
  • Monitoring Agency India Ratings & Research confirmed compliance.
  • Report based on management undertaking and auditor certificate.
  • Original preferential issue size was INR 304.53 Crores.
  • Actual proceeds received were INR 228.23 Crores due to unsubscribed/forfeited securities.