StockWatch
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Computers - Software & Consulting
Monthly Update4 Feb 2026, 12:47 pm

DRC Systems India Ltd Confirms No Deviation in Utilisation of Funds Raised Through Preferential Issue

AI Summary

DRC Systems India Ltd has confirmed that there was no deviation or variation in the use of proceeds of funds raised through Preferential Issue of Equity Shares for the quarter ended December 31, 2025. The statement of deviation or variation was reviewed by the Audit Committee and approved by the Board of Directors.

Key Highlights

  • DRC Systems India Ltd confirms no deviation in utilisation of funds raised through Preferential Issue
  • Statement of deviation or variation reviewed by the Audit Committee and approved by the Board of Directors
  • No deviation or variation in the use of proceeds of funds raised for the quarter ended December 31, 2025