BSECompany Update13 Aug 2026 · 13 Aug 2026, 03:12 pm
ENCLOSED
Rishi Laser Ltd · 526861
✦ AI SummaryResults
Rishi Laser Ltd has filed a statement under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, stating that there are no deviations or variations in the utilization of funds raised from the preferential issue of convertible warrants.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Rishi Laser Ltd - 526861 - STATEMENT UNDER REG 32
Attachments (1)
📄pdf
Download →
c49359d6-5752-4c6f-a6d4-18d2333e30ab.pdf
View document text
RISHI LASER LIMITED
Registered Office: 612, Veena Killedar Industrial Estate, 10-14 Pais Street, Byculla (w), Mumbai 400 011.
Tel.: +91 22 2307 5677, 4585, 2307 4897
Email: rlcl.mumbai@rishilaser.com, Website: www.rishilaser.com
CIN: L99999MH1992PLC066412
13th August, 2026
RLL/27/2026-27
The Secretary
BSE Limited
Floor 25, P. J. Towers,
Dalal Street
Mumbai- 400 001
Script Code: 526861
ISIN: INE988D01012
Sub. : Statement on Deviation or variation of funds under Regulation 32 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD1/162/2019
dated December 24, 2019, please note that there are no deviation(s) or variation(s) in respect of
the utilization of the proceeds of the preferential issue of convertible warrants from the objects
stated in the notice dated 25th September, 2024.
A statement of deviation or variation, if any, for the quarter ended 30th June, 2026 has been
reviewed by the Audit Committee and taken on record by the Board. The same is enclosed
herewith.
Kindly acknowledge the receipt.
Thanking You,
Yours Faithfully
For Rishi Laser Limited
Vandana Patel
Company Secretary
Enclosed a/a
RISHI LASER LIMITED
Registered Office: 612, Veena Killedar Industrial Estate, 10-14 Pais Street, Byculla (w), Mumbai 400 011.
Tel.: +91 22 2307 5677, 4585, 2307 4897
Email: rlcl.mumbai@rishilaser.com, Website: www.rishilaser.com
CIN: L99999MH1992PLC066412
Annexure A
Statement of Deviation / Variation in utilisation of funds raised
Name of listed entity RISHI LASER LIMITED
Mode of Fund Raising Public Issues / Rights Issues / Preferential Issue
/ QIP / Others
Date of Raising Funds 25.09.2024
Amount Raised Rs. 12,00,00,000/-
Report filed for Quarter ended 30.06.2026
Monitoring Agency applicable / not applicable
Monitoring Agency Name, if applicable Not applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms Not applicable
of a contract or objects, which was approved by the
shareholders
If Yes, Date of shareholder Approval Not applicable
Explanation for the Deviation / Variation Not applicable
Comments of the Audit Committee after review None
Comments of the auditors, if any None
Objects for which funds have been raised and where there has been a deviation, in the following table:
Original Object Modified Original Modif Funds Amount of Remarks if any
Object, if Allocation ied Utilized Deviation/
any alloca Variation
tion, for the
if any quarter
according
to applicable
object
-funding Capital NA (1)Rs. 0.00 (2) Rs. Nil The Company has received fund
expenditure for 12,00,00,000/ 3,00,00,000/- as warrants subscription money
expansion; - on 8,00,000 warrants @ Rs.
- working capital 37.50 (25%) per warrant
requirements; and aggregating to Rs. 3,00,00,000
- general corporate and has spent towards working
purposes. capital and for general corporate
purposes. Further the Company
has received balance 75%
amount of Rs. 9,00,00,000 from
the warrant holders during the
quarter ended 30.06.2026. but
the amount is yet to be utilized.
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.
RISHI LASER LIMITED
Registered Office: 612, Veena Killedar Industrial Estate, 10-14 Pais Street, Byculla (w), Mumbai 400 011.
Tel.: +91 22 2307 5677, 4585, 2307 4897
Email: rlcl.mumbai@rishilaser.com, Website: www.rishilaser.com
CIN: L99999MH1992PLC066412
(1) It is the total issue size. However, before the allotment, the Company has received 25% of the issue size
i.e. Rs. 3 Crores as upfront consideration/subscription amount. Balance 75% will be received as and when
the conversion option is exercised by the warrant holder to convert warrants into equity shares during the
tenure of 18 months of the warrant.
(2) The warrant holders have exercised option to convert their shares into Equity and paid the balance
75% of amount i.e. Rs. 9,00,00,000/- on 6th May, 2026 during the quarter ended 30th June, 2026, the
Company. The Company has utilised Rs. 3,00,00,000 only and balance amount is yet to be utilised for the
stated purpose.
Thanking You,
For Rishi Laser Limited
Vandana Patel
Company Secretary