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Adroit Infotech confirms no deviations in proceeds from its Rs 4606.15 lakh rights issue
04-Aug-2026, 07:38
Adroit Infotech Limited informed the BSE Limited and The National Stock Exchange Limited that there were no deviations or variations in the utilization of proceeds from its Rights Issue of February 14, 2025, which raised Rs 4606.15 lakhs, for the quarter ended June 30, 2026, according to a filing on August 4, 2026. The company's Audit Committee reviewed and approved the statement, which detailed the original and utilized allocations for business expansion, paying off liabilities, working capital, acquisition, general corporate purposes, and issue expenses, with any remaining unutilized funds held in an Axis Bank account.