'Non-applicability of fund raising by issuance of Debt Securities by Large Entities'

Prostarm Info Systems Limited has informed the Exchange regarding 'Non-applicability of fund raising by issuance of Debt Securities by Large Entities'. Phiroze Jeejeebhoy Towers,. Company i.e., Prostarm Info Systems Limited, does not fall in the category of Large Corporate as on Year.

Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.

• Instrument and amount finally raised
• Stated use of proceeds
• Whether the enabling resolution is actually used
• We are confident of achieving a good number for the current financial year, which would be in the range of 20% (management committed by FY26)
• So, if you take roughly out of this, roughly around 20% would be executed in the current financial year. (management committed by FY26)