Balgopal Commercial: No Deviation in Preferential Issue Funds

Balgopal Commercial Ltd reports no deviation or variation in the use of funds raised through preferential issue of shares pursuant to conversion of warrants for the quarter ended March 31, 2026. The funds, amounting to ₹8,55,00,000, were raised on March 21, 2026, and were intended for investments in similar lines of business, long-term funding, working capital, and general corporate purposes. The audit committee reviewed the statement, confirming no changes from the original objectives outlined in the EGM notice dated December 10, 2024.