Ganesh Benzoplast: No Deviation in Preferential Issue Fund Utilization

Ganesh Benzoplast Ltd has filed a Nil variation statement for the quarter ended June 30, 2026, regarding funds raised through a preferential issue. The company confirms no deviation or variation in the utilization of the ₹324 million raised. While the objects of the issue were modified with shareholder approval on September 25, 2025, the utilization of ₹303.50 million aligns with the revised objectives, including LPG business expansion and general corporate requirements. The funds utilized as of June 30, 2026, amounted to ₹279.26 million, with no deviation reported for the quarter.