Diamines & Chemicals: Deviation in Fund Use for Quarter Ended March 2026

Diamines & Chemicals Ltd reported a deviation in the utilization of funds raised through preferential issue for the quarter ended March 31, 2026. The company raised ₹50.58 Cr and utilized ₹12.51 Cr as of March 31, 2026, for capital expenditures, working capital, acquisition, technology investment, and general corporate purposes. The company allotted 906,390 convertible warrants on October 1, 2024, and 269,402 equity shares on March 24, 2026, upon warrant conversion.