Continental Chemicals: No Deviation in Preferential Issue Fund Use

Continental Chemicals Ltd has filed a statement of deviation and variation in the utilization of funds raised through a preferential issue for the quarter ended June 30, 2026. The company reported that there was no deviation or variation in the use of funds. The funds, amounting to ₹1,62,50,000, were raised on October 14, 2019, primarily for working capital. The filing confirms that the funds have been fully utilized as of December 31, 2023, and the audit committee has reviewed and approved the utilization.