IIRM Holdings: No Deviation in Preferential Issue Fund Utilization for Q2 FY27

IIRM Holdings India Ltd has filed its Statement of Deviation or Variation under Regulation 32 for the quarter ended September 30, 2026. The company confirms that there has been no deviation or variation in the utilization of funds raised through a preferential issue of Equity Shares & Convertible Warrants. The preferential issue, dated September 11, 2026, raised ₹5,401.24 Lakhs. The Audit Committee reviewed and approved this statement on November 12, 2026. A key remark indicates that one proposed allottee did not subscribe, leading to a reduction in the total issue size by ₹99,99,941.04, with allocations adjusted proportionately. The funds were intended for working capital, business operations, capital expenditure, strategic investments, and general corporate purposes.