StockWatch
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Industrial Products
Regulatory27 May 2026, 04:52 pm

Cospower Engineering: No Deviation in Preferential Issue Proceeds

AI Summary

Cospower Engineering Ltd. reports no deviation or variation in the use of proceeds from its preferential issue of equity shares to non-promoters for the half year and year ended March 31, 2026. This is in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Cospower confirms no deviation in use of preferential issue proceeds.
  • Report is for the half year and year ended March 31, 2026.
  • Preferential issue was made to non-promoters.
  • Company is compliant with SEBI regulations regarding use of funds.