
Regulatory13 Aug 2026, 02:14 pm
Desh Rakshak Aushdhalaya: No Deviation in Preferential Issue Funds
AI Summary
Desh Rakshak Aushdhalaya Ltd has filed a statement confirming no deviation or variation in the utilization of funds raised through a preferential issue of 12,60,000 equity shares. The funds, raised on September 09, 2025, amounting to ₹2,77,20,000, were allocated to working capital requirements (₹2,07,90,000) and general corporate purposes (₹69,30,000). The company reported that 100% of the allocated funds were utilized as per the original objects by March 31, 2026, for the quarter ended June 30, 2026. The Audit Committee reviewed and approved this statement.
Key Highlights
- No deviation reported in the use of funds from preferential issue.
- ₹2.77 Cr raised via preferential issue on Sep 09, 2025.
- Funds fully utilized for working capital and general corporate purposes.
- Utilization confirmed by Audit Committee for Q2 FY27.
Price Impact
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