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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Adroit Infotech Ltd

Adroit Infotech: No Deviation in Rs. 4606.15 Lakhs Rights Issue Fund Utilization

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 04 Nov 2026, 07:14 PM IST  ·  BSE ID: 818a39ea-f093-433f-9214-ee420ace0d3c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company confirmed it used its rights issue funds exactly as planned and no money was spent differently.
🤖 AI Summary
  • Adroit Infotech reports no deviation in Rs. 4606.15 Lakhs Rights Issue fund utilisation.
  • Funds utilisation statement for the quarter ended September 30, 2026, reviewed by Audit Committee.
  • Company confirms adherence to objects outlined in the January 19, 2024, Prospectus.
  • Unutilised funds as of September 30, 2026, are held in an Axis Bank account.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Amount Raised
Rs. 4606.15 Lakhs
Report filed for Quarter Ended
30th September, 2025
Original Total Allocation
4875.16 Lakhs
Modified Total Allocation
2785.20 Lakhs
Funds Utilised - Expansion of Business
812.80 Lakhs
Funds Utilised - To pay off other non-current liabilities
713.34 Lakhs
Funds Utilised - To part finance the requirement of Working Capital
617.38 Lakhs
Funds Utilised - To meet General Corporate Purposes
625.21 Lakhs
Funds Utilised - To meet the expenses of the Issue
16.47 Lakhs
🏢 How This Affects the Company
📈
Business Impact
Confirms continued execution of the business plan as originally disclosed to investors during the rights issue.
💰
Financial Impact
Reinforces that the financial resources raised are being deployed according to the specified objectives, impacting capital allocation.
⚠️
Risk Impact
Reduces risk perception related to mismanagement of funds raised, maintaining transparency in financial operations.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this filing.
👤
Who Is Affected
All shareholders are informed of the company's adherence to its financial commitments regarding the Rights Issue proceeds.
🔍
Management Signal
This filing signals management's commitment to transparency and adherence to the stated utilisation of funds raised from shareholders.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Next quarter's filing on Rights Issue fund utilisation.
Announcement of any new projects funded by remaining Rights Issue proceeds.
Board meeting disclosures for future financial plans.
LOW RISK Filing confirms no deviation in fund utilisation as per regulations.
💡 Investor Takeaway
Adroit Infotech Limited confirms no deviation in the utilisation of Rs. 4606.15 Lakhs from its Rights Issue, as per the Prospectus, for the quarter ended September 30, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Company confirms no deviation in utilisation of Rs. 4606.15 Lakhs raised via Rights Issue.
  • Statement reviewed by Audit Committee and taken on record by the Board on November 04, 2026.

⚠️ Concerns

  • Unutilised funds of Rs. 1820.96 Lakhs (Rs. 4875.16 Lakhs original allocation - Rs. 2785.20 Lakhs modified allocation) for specific projects are yet to be deployed as of September 30, 2026.
  • Rs. 4,875.16 Lakhs total original allocation shows a difference of Rs. 2,089.96 Lakhs compared to the Rs. 2,785.20 Lakhs modified allocation, indicating significant reallocation.
📅 Company Track Record
Adroit Infotech previously confirmed no deviation in utilising Rs. 4606.15 Lakhs from its Rights Issue funds in an August 4, 2026 filing. The company's Rights Issue Committee also addressed outstanding call payments in March 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the total amount raised by Adroit Infotech through its Rights Issue?
Adroit Infotech Limited raised Rs. 4606.15 Lakhs through its Rights Issue.
Did Adroit Infotech deviate from its planned use of Rights Issue funds for Q2 FY27?
No, Adroit Infotech Limited reported no deviation(s) or variation(s) in the utilisation of Rights Issue proceeds for the quarter ended September 30, 2026.
Which company committee reviewed Adroit Infotech's fund utilisation statement?
The statement on deviation or variation in the utilisation of funds raised in the Rights Issue was reviewed by the Audit Committee and taken on record by the Board of Directors.
Where are the unutilised Rights Issue funds of Adroit Infotech held?
The unutilised Rights Issue proceeds as at September 30, 2026, are held in an account maintained with Axis Bank.
What was the original total allocation for the Adroit Infotech Rights Issue?
The original total allocation for the Adroit Infotech Rights Issue was Rs. 4875.16 Lakhs.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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