Capri Global Capital Limited has formally confirmed that there were no deviations or variations in the utilization of proceeds raised through various financial instruments during the quarter ended March 31, 2026. The company maintains full transparency regarding its capital allocation, ensuring that funds obtained through private placements and public issues are directed strictly toward their intended purposes, including onward lending, refinancing, and general corporate requirements.
Financial Transparency and Fund Utilization
Following a review of its financial activities for the quarter ending March 31, 2026, Capri Global Capital Limited has issued a statement confirming that all proceeds from its capital-raising efforts were utilized in accordance with the original objects disclosed at the time of issuance. There were no instances of deviation, meaning the company remains in strict alignment with its stated financial objectives.
Details of Capital Instruments
The company successfully managed a diverse portfolio of Non-Convertible Debentures (NCDs) raised through various private placements and a public issue between August 2019 and March 2026. Key recent fund-raising activities include:
- January 2026: NCD issuance of ₹100 crore.
- March 2026: Two separate tranches of NCDs totaling ₹67 crore.
- October 2025: A public issue of ₹400 crore.
Strategic Allocation of Capital
The funds raised through these instruments have been deployed to support the company’s core business operations. Primary utilization areas include onward lending purposes, refinancing of existing facilities, working capital requirements, and the repayment of interest and principal on existing borrowings. By adhering to these designated paths, the company continues to maintain robust financial health and operational stability for the current fiscal period.
Source: BSE
