Interactive Financial Services Ltd — Important, 29-05-2026: Company Update
29-05-2026 | 03:53 pm
29-05-2026 | 03:53 pm
Interactive Financial Services Limited confirmed the utilization of proceeds from its 11.75 Cr Right Issue. For the latest quarter, funds were used as per approved plans. Notably, shareholders had earlier approved reallocating 3.05 Cr, originally designated for setting up office space, to instead increase the company's net worth. Out of the total amount raised, 11.61 Cr has been deployed to date, with 0.14 Cr remaining unutilized, primarily for issue-related expenses. This update provides clarity on the deployment status of the Right Issue funds.
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