7Seas Entertainment Ltd — Important, 14-08-2026: Company Update

7SEAS Entertainment announced that there has been no deviation in the use of proceeds from its Preferential Issue. The company confirmed that the Rs. 17.32 Cr raised through the preferential allotment are being utilized as per the stated objects, which include meeting working capital requirements, investing in new projects, and strategic ventures. For the quarter ended June 30, 2026, approximately Rs. 3.82 Cr was utilized towards working capital. This update assures shareholders that the funds are being deployed as originally planned, aligning with the company's operational and growth strategies.