BSECompany Update13 Aug 2026 · 13 Aug 2026, 12:52 pm
Enclosed Declaration in respect of Regulation 32 of SEBI LODR
Finkurve Financial Services Ltd · 508954
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Finkurve Financial Services Ltd declares that the proceeds of the issue of Preferential Issue of Equity Shares and Share Warrants on private placement basis issued by the Company during the Quarter ended June 30, 2026, were used for the purpose stated in the offer document and further there is no material deviation in use of proceeds of such issue from the objects stated in the offer document of the issue.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Finkurve Financial Services Ltd - 508954 - Declaration In Respect Of Regulation 32 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
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August 13, 2026
To, To,
Listing Department The Manager – Compliance Department
BSE Limited National Stock Exchange of India
Limited
Phiroze Jeejeebhoy Towers, Dalal Street, ‘Exchange Plaza’ Bandra Kurla Complex,
Mumbai – 400 001 Bandra (East) Mumbai 400051
Scrip Code: NSE Symbol: FINKURVE
Equity: 508954
Subject: Declaration in respect of Regulation 32(1) of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations 2015
Dear Sir/Madam,
Pursuant to Regulation 32(1) of the SEBI (LODR) Regulations, 2015 we hereby declare that the proceeds
of the issue of Preferential Issue of Equity Shares and Share Warrants on private placement basis issued by
the Company during the Quarter ended June 30, 2026, were used for the purpose stated in the offer
document and further there is no material deviation in use of proceeds of such issue from the objects stated
in the offer document of the issue.
The aforementioned statement in “Annexure 1” for the quarter ended June 30, 2026 is annexed herewith
has been reviewed and noted by the Audit Committee at its Meeting held on August 13, 2026.
You are requested to take note of the same.
Thanking you
For Finkurve Financial Services Limited
Kajal Parmar
Company Secretary & Compliance Officer
Membership No: ACS65484
Encl: as above
Annexure 1
Statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified
institutions placement etc.
Name of listed entity Finkurve Financial Services Limited
Mode of Fund Raising Preferential Issue of Equity Shares and Share Warrant on
Private Placement Basis
Date of Raising Funds May 21, 2025 and May 27, 2025
Amount Raised Rs. 141.50 Crore
Report filed for Quarter ended June 30, 2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CRISIL Rating Limited
Is there a Deviation / Variation in use of funds No
raised
If yes, whether the same is pursuant to change -
in terms of a contract or objects, which was
approved by the shareholders
If Yes, Date of shareholder Approval -
Explanation for the Deviation / Variation -
Comments of the Audit Committee after review -
Comments of the auditors, if any -
Objects for which funds have been raised and Not Applicable
where there has been a deviation, in the
following table
Original Modified Original Modified Funds Amount of Remarks if any
Object Object, if Allocation allocation, if Utilised Deviation/
any (Rs. In any (Rs. In Variation for
Crore) Crore) the quarter
according to
applicable
object
Onward NA 141.50 NA 111.50 NA NA
lending
and (Rs. 30cr
investment Being 75%
and of the share
repayment warrants
of subscription
borrowing amount yet
obtained to be
by received)
company
in ordinary
course of
business
Deviation or variation could mean:
(a) Deviation in the objects or purposes for which the funds have been raised or
(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or
(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.