Axel Polymers: No Deviation in Preferential Issue Fund Utilization for Q1 FY27

Axel Polymers Ltd has filed a statement confirming no deviation or variation in the utilization of funds raised through a preferential issue of equity shares. The report covers the quarter ended June 30, 2026, and pertains to the preferential issue allotted on December 13, 2025. The total amount raised was ₹11,17,99,980. The company, along with its auditors Mukund & Rohit Chartered Accountants, has confirmed that the funds have been utilized as per the objects stated in the offer document, with no material discrepancies noted. This filing is in compliance with Regulation 32 of SEBI (LODR) Regulations, 2015.