StockWatch
·
Non Banking Financial Company (NBFC)
Corporate Governance30 Jul 2026, 09:30 pm

Continental Securities Ltd: No Deviation in Fund Utilization for Q4 FY26

AI Summary

Continental Securities Ltd has filed its Statement of Deviation and Variation for the quarter ended March 31, 2026. The company raised ₹110.25 Crores on January 31, 2026, and ₹78.75 Crores on February 07, 2026, through preferential issues. The funds were intended for future capital requirements and extending loan facilities to customers. The company has reported no deviation or variation in the utilization of these funds as against the stated objects. The statement was reviewed and approved by the Audit Committee and the Board of Directors.

Key Highlights

  • No deviation reported in fund utilization for preferential issues.
  • Total funds raised: ₹189 Crores.
  • Funds earmarked for future capital needs and customer loans.
  • Statement approved by Audit Committee and Board of Directors.