Kolte - Patil Developers Limited has submitted a statement regarding the utilization of funds raised through a preferential issue of Equity Shares. The company raised Rs. 41,703 Lakhs on 23 June 2025. The statement covers the quarter ended 31 December 2025, and it confirms that there has been no deviation or variation in the use of the funds raised. The monitoring agency for these funds is CARE Ratings Limited. The company has explicitly stated that there is no deviation in the utilization of funds raised via preferential issue. Consequently, explanations for any deviation, shareholder approvals for changes in terms, comments from the Audit Committee or auditors, and details of original versus modified allocations are not applicable.
