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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.
Interactive Financial Services Ltd

Interactive Financial Services Ltd: Rights Issue Fund Use Deviation Noted

FUNDRAISE ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 07 Nov 2026, 04:48 PM IST  ·  BSE ID: b0567936-8f8a-4e17-91b7-a8daf2f238e2
View Original BSE Filing (PDF)
💡
In Simple Terms
The company changed its plans for Rs. 304.50 lakhs raised in a rights issue, moving it from office space to company net worth.
🤖 AI Summary
  • Interactive Financial Services Ltd reported deviation in rights issue fund utilisation.
  • Rs. 304.50 lakhs originally for office space reallocated to net worth.
  • Total funds raised were Rs.1,175.11 lakhs in the rights issue.
  • Audit Committee noted and approved the deviation for Q2 FY27.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Amount Raised
Rs.1,175.11 lakhs
Funds Utilised
Rs.1160.68 lakhs
Deviation for Office Space
Rs. 304.50 lakhs
Original Allocation for Office Space
304.50 Lakhs
🏢 How This Affects the Company
💰
Financial Impact
The reallocation of Rs. 304.50 lakhs from office space to net worth alters the intended use of funds, impacting balance sheet composition.
⚠️
Risk Impact
A deviation in the use of funds, even if approved, can signal a need for closer scrutiny of future fund allocation and project execution.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this deviation disclosure.
👤
Who Is Affected
All shareholders are affected as the use of funds raised from them has deviated from the original offer document.
🔍
Management Signal
Management sought and received Audit Committee approval for the change, signalling a response to evolving internal financial priorities.

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

👁 Watch List - track these upcoming events
Future filings on fund utilisation for the remaining balance.
Company's strategic announcements regarding net worth enhancement.
Subsequent quarterly results for operational and financial performance.
MEDIUM RISK Deviation in utilisation of funds raises concerns about transparency and adherence to investor-approved plans.
💡 Investor Takeaway
Interactive Financial Services Ltd reported a deviation, reallocating Rs. 304.50 lakhs from office space to net worth, with the Audit Committee approving the change for the quarter ended September 30, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Audit Committee reviewed and approved the deviation, indicating internal oversight.
  • Company proactively disclosed the deviation in fund utilisation as per SEBI regulations.

⚠️ Concerns

  • Original allocation of Rs. 304.50 lakhs for office space was not utilised for its stated purpose.
  • A total of Rs. 1,175.11 lakhs was raised, with Rs. 1160.68 lakhs utilised as of Q2 FY27.
📅 Company Track Record
Interactive Financial Services Ltd previously announced a board meeting to consider a rights issue to shareholders in September 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the primary deviation reported by Interactive Financial Services Ltd?
Interactive Financial Services Ltd reported a deviation in using funds from its rights issue, reallocating Rs. 304.50 lakhs from setting up office space.
What was the original purpose of the Rs. 304.50 lakhs funds?
The Rs. 304.50 lakhs was originally allocated for setting up office space, but this was modified.
How much funds were raised by Interactive Financial Services Ltd in the rights issue?
Interactive Financial Services Ltd raised a total of Rs.1,175.11 lakhs through its rights issue.
Who approved the deviation in fund utilisation?
The deviation was noted and approved by the Audit Committee of Interactive Financial Services Ltd.
For which period is this statement of deviation filed?
The statement of deviation or variation is filed for the quarter ended September 30, 2026 (Q2 FY27).

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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