Relic Technologies: No Fund Utilization Deviation in Q2 2026

Relic Technologies Ltd has filed a statement confirming no deviation in the utilization of funds raised through a preferential issue for the quarter ended June 30, 2026. The funds, raised via equity shares and share warrants allotted in April 2025 and converted in December 2025, have been utilized in line with the objects stated in the March 2025 EGM. The total amount raised was ₹1,692.48 Lakhs. The Audit Committee has reviewed and approved the utilization, noting it is in accordance with the issue's objectives. Cumulative utilization as of June 30, 2026, stands at ₹625.50 Lakhs.