Sodhani Academy of Fintech Enablers Ltd — Updates, 20-05-2025: Company Update

Sodhani Academy of Fintech Enablers Limited confirms no deviation or variation in the utilization of its IPO proceeds of ₹3.88 Cr during the half-year ended March 31, 2025. The company has used funds as planned across key areas: INR 11.36 lakh on building content studio and training infrastructure, INR 20.44 lakh on IT hardware, INR 22.50 lakh on content development, INR 0.34 lakh on LMS application development, and fully utilized INR 41.80 lakh for brand visibility, reallocating INR 6.80 lakh from general corporate purposes to this head. Offer-related expenses totaled INR 58.09 lakh. Unutilized proceeds of INR 2.13 Cr are parked in a low-duration mutual fund. This disciplined fund management supports the company’s operational and marketing growth plans.