Quicktouch Technologies Limited — Others, 14-05-2025: Statement of deviation(s) or variation(s) under Reg. 32
14-05-2025 | 04:10 pm
14-05-2025 | 04:10 pm
Quicktouch Technologies Limited has confirmed that funds raised through a preferential issue of fully convertible warrants totaling Rs. 95.99 Cr have been utilized as planned. The majority of the funds went towards acquisitions (Rs. 62.49 Cr), with the remainder allocated for working capital (Rs. 5.93 Cr), general corporate purposes (Rs. 27.58 Cr), and issue expenses (Rs. 0.08 Cr). The company issued 11 million warrants at Rs. 196.17 each and received full subscription, including partial conversion into equity shares, supporting its growth and operational needs.
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