Relic Technologies Ltd — Updates, 26-07-2025: Company Update

Relic Technologies confirmed no deviation in using funds raised from its April 2025 preferential issue of equity shares and warrants. The company raised a total of Rs 14.11 Cr for working capital, investments, and general corporate purposes. For the quarter ending June 30, 2025, Rs 2.15 Cr of these proceeds were utilized. The Audit Committee has reviewed and affirmed that the fund utilization aligns with the stated objectives. This update reassures investors regarding the appropriate use of raised capital.