
Onelife Capital Advisors: No Deviation in Right Issue Fund Utilization
Onelife Capital Advisors Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning its Rights Issue. The report, issued by Acuité Ratings & Research Limited, confirms that there has been no deviation in the utilization of the proceeds from the Rights Issue, which amounted to ₹36.00 Cr. The funds were allocated to investment in its subsidiary Dealmoney Commodities Private Limited for margin money requirements (₹27.00 Cr) and general corporate purposes (₹8.64 Cr), along with issue-related expenses (₹0.36 Cr). The monitoring agency found that the utilization is in line with the disclosures made in the Offer Document, and no material changes or unfavorable events affecting the viability of the objects were observed.
Key Highlights
- No deviation observed in the utilization of Rights Issue proceeds.
- Funds were used for subsidiary investment and general corporate purposes.
- Monitoring Agency report confirms compliance with Offer Document disclosures.
- No material unfavorable events affecting project viability were noted.
Price Impact
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