Expo Engineering And Projects Ltd
📊 Expo Engineering Funds Update: No Deviations in ₹22.02 Cr Warrant Issue Utilization
• Raised ₹22.02 Cr through 31,45,715 warrants at ₹70 each (₹66 premium)
• Received ₹5.50 Cr upfront payment in September 2025 quarter
• No additional funds received from warrant conversions in December 2025 quarter
• Funds allocated for general corporate purposes (₹3.00 Cr allocated, ₹0.61 Cr utilized)
• Working capital and debt repayment remain primary fund utilization areas
• No changes to original fund utilization objects