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PMC Fincorp LtdImportant, 28-05-2026: Company Update

28-05-2026 | 05:46 pm

PMC Fincorp Limited confirmed no deviation in the utilization of funds raised through its preferential issue of warrants. The company received 25% of the total warrant issue, amounting to Rs. 5.895 crore, for the quarter. These funds were intended to augment the capital base for NBFC activities and for general corporate purposes. Of the Rs. 5.895 crore received, Rs. 5.816 crore was utilized as planned, primarily for general corporate purposes, with nil deviation from the stated objectives. This assures shareholders that the capital raised is being deployed effectively.

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