
Corporate Governance4 Aug 2026, 04:40 pm
Dhampure Specialty Sugars: No Deviation in Preferential Issue Fund Utilization
AI Summary
Dhampure Specialty Sugars Ltd has submitted a disclosure regarding the utilization of funds from its preferential issue of warrants. The company confirmed to the stock exchanges that there has been no deviation or variation between the stated objects for fund utilization and the actual utilization during the quarter ended June 30, 2026. The Audit Committee reviewed the utilization of funds, which were raised via warrants allotted pursuant to a shareholder resolution passed on March 18, 2026. This statement assures stakeholders of adherence to the planned use of capital.
Key Highlights
- No deviation in preferential issue fund utilization reported.
- Funds raised via warrants were reviewed by the Audit Committee.
- Utilization aligns with objects stated in the EGM notice.
- Covers the quarter ended June 30, 2026.
Price Impact
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