Moongipa Capital Finance Ltd — Important, 15-01-2026: Company Update
15-01-2026 | 02:36 pm
15-01-2026 | 02:36 pm
Moongipa Capital Finance has confirmed that funds raised through its Rights Issue, totaling ₹15.27 Cr, were utilized exactly as planned. The company stated there was no deviation or variation from the objects outlined in the original Letter of Offer. The entire capital from the Rights Issue was fully deployed. This update reassures investors about the company's disciplined approach to capital allocation and transparency regarding shareholder funds. Both the Audit Committee and auditors reviewed the utilization, finding no discrepancies.
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