Active Clothing Co Ltd — Important, 25-05-2026: Company Update
25-05-2026 · 04:56 pm
Active Clothing Co. Limited has confirmed that funds raised through its preferential issue of share warrants were used as intended. The company raised Rs 23 crore for 2,000,000 share warrants, with an upfront consideration of Rs 5.75 crore already received. These funds were allocated for working capital, business expansion, and general corporate purposes, with no material deviation from the original offer document. The Audit Committee reviewed and noted this compliance statement, assuring stakeholders of proper fund utilization.
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