Board MeetingOutcome of Board Meeting
MFS Intercorp approves standalone Q1 FY2026 unaudited results and preferential funds utilization details
Financial results
- Standalone unaudited Q1 FY2026 results approved by Board; Audit Committee recommendation noted.
- Limited Review Report on standalone results approved.
Fundraising and utilisation
- Preferential issue raised Rs 1522.50 lakh on 12-03-2026.
- No deviation in fund utilisation as of 30-06-2026.
- Expansion of supply chain infra: 500.00 lakh allocated, 354.20 used.
- Welding workshop at Ahmedabad region: 200.00 lakh allocated, 30.00 used.
- ERP and supply chain software upgrade: 100.00 lakh allocated, 96.10 used.
- Working capital and issue expenses: 606.00 lakh allocated, 25.52 used.
- General corporate purposes: 116.50 lakh allocated, 70.00 used.