Quicktouch Technologies Limited — Others, 14-08-2025: Monitoring Agency Report
14-08-2025 | 10:29 pm
14-08-2025 | 10:29 pm
Quicktouch Technologies' Monitoring Agency reported on the utilization of its Rs. 215.28 crore preferential share warrant issue for the quarter ended June 30, 2025. The report found no deviation from the stated objectives for fund usage. During the quarter, Quicktouch utilized Rs. 4.21 Cr for an acquisition, Rs. 4.25 Cr for subsidiary working capital, and Rs. 6.25 Cr for another subsidiary providing education loans. Total funds raised to date from the issue are Rs. 110.70 Cr. A key risk identified is the low share price, potentially impacting future warrant conversions and total capital realization.
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