Aplab Limited has achieved complete utilization of funds raised through its rights issue, with the monitoring agency confirming full deployment of ₹629.00 lakhs across all stated objectives. The company's submission to BSE Limited on February 16, 2026, details the comprehensive utilization of proceeds from the rights issue that closed on July 3, 2025.

Rights Issue Structure and Proceeds

The company successfully completed its rights issue of 1,25,70,000 equity shares of ₹10/- each at a price of ₹5/- per share, including a premium of ₹2.50. The issue was offered in a 1:1 ratio to eligible equity shareholders as on the record date of May 29, 2025.

Fund Utilization Breakdown

The monitoring agency report reveals strategic deployment of funds across three primary objectives. The company allocated ₹3.03 crore for working capital requirements, supporting payments to suppliers, GST obligations, and TDS requirements. Additionally, ₹2.75 crore was utilized for loan repayment, specifically clearing outstanding borrowings from Laxmimanak Finance Private Limited.

Monitoring Agency Certification

Infomerics Valuation and Rating Limited, serving as the monitoring agency, provided comprehensive certification regarding fund utilization. The agency confirmed no deviations from the objects stated in the Letter of Offer and verified proper deployment of all raised proceeds. Gaurav Jain, Director - Ratings at Infomerics, signed the monitoring report dated February 16, 2026.

The monitoring process involved verification through multiple sources including CA certificates from statutory auditors M/s. R. Bhargava & Associates, bank statements, ledgers, and No Due Certificates. The agency confirmed that all utilizations aligned with the stated objectives without any material deviations.

Loan Repayment Achievement

A significant milestone during the quarter was the complete repayment of outstanding borrowings to Laxmimanak Finance Private Limited. The company successfully cleared the entire ₹2.75 crore loan obligation, as evidenced by the No Due Certificate and cash credit account statements. This repayment was facilitated through a reallocation of ₹2.75 crore from working capital utilization to loan repayment during Q3 FY2026.

Regulatory Compliance

The submission fulfills requirements under Regulation 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Rajesh K. Deherkar confirmed adherence to all regulatory obligations in the filing to BSE Limited.

The company's industrial power electronics business continues to benefit from the strategic fund deployment, supporting efficient power management solutions across various industrial applications. The complete utilization of rights issue proceeds demonstrates effective capital allocation and management execution.

Aplab Limited has announced the release of pledge on 25,00,000 equity shares by promoter Mrs. Amrita P. Deodhar, as disclosed under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made to BSE Limited on February 10, 2026.

Official Regulatory Disclosure

The formal disclosure was submitted to BSE Limited's Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Mumbai, with reference to BSE Scrip code 517096. Mrs. Amrita P. Deodhar, serving as both promoter and director, signed the disclosure documents confirming the release of pledge on 25,00,000 (Twenty-five lakhs) equity shares.

Pledge Release Transaction Details

The pledge release involves the complete elimination of encumbrance on 25,00,000 equity shares that were previously pledged with Laxmimanak Finance Pvt. Ltd. The original encumbrance was created for the purpose of providing collateral for loans taken by the company.

Promoter Shareholding Impact

Following the pledge release, Mrs. Amrita P. Deodhar's shareholding structure shows significant improvement in terms of encumbrance status. Her total shareholding remains unchanged at 79,74,364 shares, representing 63.44% of the company's total fully paid share capital.

Complete Promoter Group Structure

The regulatory disclosure provides comprehensive details of the entire promoter group's shareholding in Aplab Limited. The total promoter group holding stands at 84,97,511 shares, representing 67.60% of the company's fully paid share capital.

Regulatory Compliance and Documentation

The pledge release has been executed in full compliance with SEBI regulations, with proper documentation submitted to BSE Limited. The disclosure includes detailed tabular format showing pre and post-event shareholding patterns, with Mrs. Amrita P. Deodhar's authorized signature confirming the transaction. The company has also been notified through its registered office at Plot No 12, TTC Industrial Area, Thane Belapur Road, Digha, Navi Mumbai, ensuring complete transparency in the pledge release process.