Quarterly Updates30 May 2026, 04:12 pm
DC Infotech: No Fund Deviation for Quarter Ended March 2026
AI Summary
DC Infotech and Communication Ltd reports no deviations or variations in the utilization of funds raised through a preferential issue of warrants for the quarter ended March 31, 2026. The funds, amounting to ₹7,05,00,000, were allocated to meet working capital requirements, invest in properties, future expansion, and general corporate purposes, as per the notice dated June 14, 2024. The company confirms that the funds were utilized as originally intended.
Key Highlights
- No deviation in fund utilization for the quarter ended March 31, 2026.
- Funds raised via preferential issue of warrants were utilized as planned.
- Original allocation of ₹7,05,00,000 to meet working capital needs.
- No modified object or allocation reported.
Price Impact
More from DCI