Interactive Financial Services Limited utilized Rs. 11.61 crore from the Rs. 11.75 crore raised via its Rights Issue.

Funds originally allocated for 'Setting Up of Office Space' (Rs. 3.05 crore) were instead reallocated, contributing to an increased net worth, a change noted and approved by the Audit Committee.

Despite this specific reallocation, the company confirmed that overall funds were utilized as per the Letter of Offer, with the Statutory Auditor also certifying no deviation.