LKP Finance Ltd — Important, 12-02-2026: Company Update

LKP Finance has reported on the utilization of its Rs. 125.6862 crore Rights Issue proceeds for the quarter ended December 31, 2025. The Monitoring Agency confirmed the entire amount was utilized to augment the company's capital and for onward lending. Notably, Rs. 125.2611 crore, including reallocated issue expenses, was lent to Mufin Green Finance, a related party, which was not explicitly stated in the original offer document. The company's statutory auditor also issued a qualified opinion for FY2025 and H1FY2026, citing a Rs. 14.7424 crore financial liability write-back and a Rs. 25.00 crore garnishee order.