- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Pavna Industries Limited has confirmed utilization of Rs. 210.70 crore raised via preferential equity shares and fully convertible warrants. The company has received Rs. 119.80 crore to date and used it for working capital, general corporate purposes (Rs. 38.30 crore), and issue expenses. Funds earmarked for strategic acquisitions remain unutilized, with the unused portion representing warrant subscription amounts payable over 18 months. There have been no delays or deviations in deploying the raised capital, indicating disciplined fund management aligned with disclosed plans.