ALPHA TRIBE

Quicktouch Technologies LimitedOthers, 14-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

14-05-2025 | 04:10 pm

Quicktouch Technologies Limited has confirmed that funds raised through its preferential equity issue totaling Rs. 45.67 Cr are being utilized as planned. Key allocations include Rs. 7.30 Cr for developing the Quickpay payment aggregator app, Rs. 4.47 Cr to strengthen technology infrastructure for edutech and fintech operations, Rs. 7.84 Cr for R&D in payment aggregation software, Rs. 15 Cr invested in subsidiaries, and Rs. 11.05 Cr for general corporate purposes. Unutilized funds of Rs. 12.31 Cr will be deployed in the coming quarters.

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