The Byke Hospitality Ltd

💰 The Byke Hospitality: Funds Utilization Update & Key Financial Insights

- Total funds raised: ₹54.95 crores via Preferential Issue (Equity Warrants).

- Unutilized funds as of Sept 30, 2025: ₹6.02 crores.

- Funds raised in three tranches: ₹13.84 crores (04.01.2024), ₹22.95 crores (01.03.2024), ₹18.16 crores (11.07.2024).

- Utilization breakdown: ₹9.07 crores (borrowing repayment), ₹39.86 crores (general corporate purposes).

- Unutilized funds invested in fixed deposits: ₹4.75 crores (Yes Bank, 8.00% return), ₹1.27 crores (UBI, 6.60% return).

- Market value of investments as of Sept 30, 2025: ₹6.63 crores.

- No objections from Audit Committee or auditors on fund utilization.