
Clarification6 Nov 2026, 07:25 pm
Citius TransNet Investment Trust: No Deviation in Fund Utilization
AI Summary
Citius TransNet Investment Trust has confirmed to the stock exchange that there have been no deviations or variations in the utilization of funds raised through its public issue in April 2026. The company raised INR 11,050 million. As of September 30, 2026, the total utilized amount was INR 10,648.50 million, with INR 401.50 million remaining unutilized. The utilized funds were primarily for the acquisition of securities of SRPL and certain Project SPVs (INR 10,000 million), expenses related to the issue (INR 397.53 million), and general purposes (INR 250.97 million). An independent auditor's certificate confirms that the utilization aligns with the objects stated in the offer document.
Key Highlights
- No deviations reported in the use of INR 11,050 million raised via public issue.
- INR 10,648.50 million utilized as of September 30, 2026.
- Funds primarily used for asset acquisition and issue-related expenses.
- Auditor's certificate confirms alignment with offer document objectives.
Price Impact
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