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Logica Infoway LtdImportant, 12-05-2026: Company Update

12-05-2026 · 10:47 pm

Logica Infoway has confirmed there is no deviation in the utilization of funds from its preferential share allotment. The company raised net proceeds of Rs. 15.13 Cr, which were designated for capital expenditure for business expansion, working capital, and general corporate purposes. To date, Rs. 9.99 Cr of these funds have been deployed, with the remaining capital yet to be fully utilized. This announcement provides shareholders with transparency regarding the proper deployment of the company's raised capital.

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