PNGS Gargi Fashion Jewellery Ltd — Important, 09-02-2026: Company Update

PNGS Gargi Fashion Jewellery Limited reported on the utilization of funds from its preferential issues. For Rs. 41.96 Cr raised in August 2024, intended for brand expansion, marketing, and inventory, the company confirmed funds were utilized as planned with no deviation. However, for Rs. 10.91 Cr raised in August 2025 for marketing and promotional expenses, a deviation was noted. Only Rs. 2.67 Cr has been utilized, with the remaining amount unutilized as of December 31, 2025. The Audit Committee approved both utilization reports.