Afcom Holdings Ltd — Important, 14-08-2026: Company Update

Afcom Holdings received its first monitoring agency report for QIP fund utilization for the quarter ended June 30. The company raised ₹199.84 crore through a Qualified Institutional Placement. The report confirms no deviation from the stated objects for fund use. Of the total, ₹74.13 crore was utilized, comprising ₹66.92 crore for capital expenditure and ₹7.21 crore for issue expenses. The remaining ₹125.71 crore, including ₹42.07 crore earmarked for General Corporate Purposes, is largely unutilized and primarily held in bank deposits. This report provides transparency on fund deployment for investors.