Omfurn India Reports No Deviation in Fund Utilisation for Half Year Ended March 31, 2026
Omfurn India Limited has filed its Regulation 32 Statement of Deviation or Variation in Fund Utilisation for the half year ended 31st March, 2026. The company confirms complete utilisation of Rs. 27 Crores raised via its Further Public Offer dated 28th March, 2024, across all stated objects with zero deviation. Funds of Rs. 101.27 lakhs raised through a Preferential Issue on 24th May, 2025, remain unutilised as of 31st March, 2026, with no deviation reported. Both statements were reviewed by the Audit Committee and approved by the Board on 9th May, 2026.

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Omfurn India Limited has submitted its Statement of Deviation or Variation in Utilisation of Funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, for the half year ended 31st March, 2026. The statements were reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on 9th May, 2026. The company has confirmed that there is no deviation or variation in the use of funds raised through either its Further Public Offer or its Preferential Issue.
Further Public Offer: Full Utilisation Confirmed
Omfurn India raised Rs. 27 Crores through a Further Public Offer (FPO) on 28th March, 2024. As of 31st March, 2026, the company reports no deviation in the utilisation of these funds. The following table details the allocation and utilisation of FPO proceeds across all stated objects:
| Original Object: | Original Allocation (Amount in Lakhs) | Funds Utilised till 31.03.26 (Amount in Lakhs) | Deviation/Variation | Remarks |
|---|---|---|---|---|
| Capital expenditure – plant & machinery, civil, electric & fabrication work | 1174.98 | 1174.98 | 0.00 | Fully Utilised in March, 2026 quarter |
| Repayment/prepayment of certain borrowings | 125.00 | 125.00 | 0.00 | Fully utilised in September, 2024 quarter |
| Working capital requirements | 750.00 | 750.00 | 0.00 | Fully utilised in September, 2024 quarter |
| General corporate purposes | 259.50 | 259.50 | 0.00 | Fully Utilised in March, 2026 quarter |
| Issue related expenses | 390.52 | 390.52 | 0.00 | Fully utilised in March, 2024 quarter |
All FPO proceeds have been fully deployed as per the originally stated objects, with no modifications to any allocation and no deviation reported for any object.
Preferential Issue: Funds Raised but Unutilised
In addition to the FPO, Omfurn India raised Rs. 101.27 lakhs through a Preferential Issue on 24th May, 2025. The report filed for the half year ended 31st March, 2026, confirms that no deviation or variation has occurred in the use of these funds. The details are as follows:
| Original Object: | Original Allocation (Amount in Lakhs) | Funds Utilised till 31.03.26 (Amount in Lakhs) | Deviation/Variation | Remarks |
|---|---|---|---|---|
| Working Capital and general corporate purpose | 101.27 | 0.00 | 0.00 | Not utilised till 31.03.2026 |
The entire amount of Rs. 101.27 lakhs raised through the Preferential Issue remains unutilised as of 31st March, 2026. The company has reported no deviation in the purpose or amount for this fund-raising exercise.
Regulatory Compliance and Board Oversight
Both annexures forming part of the Regulation 32 disclosure were signed by Mahendra C Vishwakarma, Whole Time Director, on 9th May, 2026. The filing was submitted to the National Stock Exchange of India Limited by Company Secretary Dhara Pratik Shah. No monitoring agency has been appointed for either the FPO or the Preferential Issue, as indicated in both statements. The disclosures confirm that Omfurn India remains compliant with its stated fund utilisation objectives for the reporting period.
Historical Stock Returns for Omfurn
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | -7.14% | -2.60% | -40.54% | -36.76% | +609.77% |
How will the fully deployed capital expenditure on plant & machinery translate into revenue growth and capacity expansion for Omfurn India in FY2027?
What is the planned timeline and specific purpose for deploying the Rs. 101.27 lakhs raised through the Preferential Issue that remained unutilised as of March 2026?
Given the absence of a monitoring agency for both the FPO and Preferential Issue, how might Omfurn India strengthen its fund utilisation oversight mechanisms as it scales operations?
























