Sellwin Traders: Deviation in Fund Utilization from Preferential Allotment

Sellwin Traders Ltd has filed a statement of deviation or variation in the utilization of funds raised through preferential allotment of convertible warrants. The company raised ₹1901.80 Lakhs (₹19.02 Crore) on December 5, 2025. For the quarter ended September 30, 2026, the utilization reported is ₹1866.56 Lakhs (₹18.67 Crore). A balance of ₹35.24 Lakhs remains in the special account. The filing indicates no deviation in the objects for which funds were raised, but details the specific amounts utilized against original allocations for working capital, general corporate purposes, investment, and fund-raising expenses. The company also noted that a portion of the preferential issue is yet to be raised.