Soma Papers & Industries Ltd
📊 KS Smart Technologies Reports No Deviations in ₹129.65 Crore Fund Utilization
• Raised ₹129.65 crore through preferential issue of equity shares and convertible warrants on October 6, 2025
• Funds utilized as per original objects: ₹4.50 crore for subsidiary capital expenditure, ₹31.77 crore for subsidiary debt repayment, ₹72.71 crore for working capital, ₹1.87 crore for issue expenses, and ₹18.80 crore for general corporate purposes
• Monitoring agency Infomerics Valuation and Rating Limited confirmed no deviations in fund utilization
• No comments received from audit committee or auditors regarding fund utilization