Omfurn India Reports No Deviation in Fund Utilisation for Half Year Ended March 31, 2026

2 min read     Updated on 10 May 2026, 04:40 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

OMFURN India Secures Significant 19 Crore Rupee Order, Boosting Business Prospects

1 min read     Updated on 05 May 2025, 02:10 PM
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OMFURN India, a leading furniture company, has landed a significant order worth ₹19 crore (approximately $2.30 million USD). This development is expected to boost the company's revenue, enhance its market position, and potentially lead to operational scaling. The order also indicates strong demand in the furniture industry, possibly reflecting positive trends in related sectors like real estate and hospitality.

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OMFURN India , a prominent player in the furniture industry, has recently announced a major business development that is set to strengthen its market position. The company has successfully secured a new order valued at an impressive 19.00 crore rupees (approximately $2.30 million USD), marking a significant milestone in its growth trajectory.

Order Details and Implications

The newly acquired order, worth 19.00 crore rupees, represents a substantial business opportunity for OMFURN India. This development is expected to have several positive implications for the company:

  1. Revenue Boost: The sizeable order is likely to contribute significantly to OMFURN India's top line, potentially leading to improved financial performance in the coming quarters.

  2. Market Position: Securing such a large order could enhance OMFURN India's standing in the competitive furniture market, possibly leading to increased market share and industry recognition.

  3. Operational Scale: To fulfill this order, the company may need to scale up its operations, which could lead to improved efficiencies and economies of scale.

  4. Client Portfolio: The new order might indicate an expansion of OMFURN India's client base or a deepening of relationships with existing high-value customers.

Industry Implications

This development is not just significant for OMFURN India but also offers insights into the broader furniture industry:

  • The substantial order suggests a robust demand for furniture products, which could be indicative of positive trends in related sectors such as real estate, hospitality, or corporate infrastructure.
  • It may reflect growing confidence in Indian furniture manufacturers, potentially signaling increased competitiveness in both domestic and international markets.

While the specific details of the order, such as the client's identity and the exact nature of the products involved, have not been disclosed, the sheer size of the order underscores its importance to OMFURN India's business operations.

As OMFURN India moves forward with this new order, stakeholders will likely be keen to observe how the company leverages this opportunity to drive growth and enhance its market presence in the coming months.

Historical Stock Returns for Omfurn

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-7.14%-2.60%-40.54%-36.76%+609.77%
1 Year Returns:-36.76%