Adroit Infotech Limited has reported that there are no deviations or variations in the utilization of funds raised through its Rights Issue for the quarter ended December 31, 2025. The company clarified this in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement confirms that the utilization of proceeds aligns with the object clause mentioned in the company's Prospectus dated January 19, 2024. The funds were raised on February 14, 2025, amounting to ₹4,572.07 Lakhs. The utilization details for the quarter show: ₹358.00 Lakhs towards business expansion, ₹357.16 Lakhs for paying off other non-current liabilities, ₹315.52 Lakhs for working capital requirements, ₹358.07 Lakhs for general corporate purposes, and ₹16.47 Lakhs for meeting issue expenses. A significant portion of ₹1,000.00 Lakhs was allocated for the acquisition of business in similar or complementary space, with no funds utilized yet for this purpose in the quarter. The Audit Committee reviewed the statement and found no comments. Similarly, the auditors provided no comments. The unutilized Rights Issue proceeds as of December 31, 2025, are held in an account with Axis Bank. The Board of Directors took note of this statement at their meeting held on February 3, 2026.
