
Quarterly Updates14 Nov 2026, 06:13 pm
CCME Global: No Deviation in Fund Utilization for Preferential Issue
AI Summary
CCME Global Ltd reports on the utilization of funds raised via preferential issue on March 26, 2026. For the quarter and half-year ended September 30, 2026, the company confirms no deviation or variation in the use of funds. Funds were allocated to Expansion of New Business (₹500,000), Working Capital for New Business (₹240,000,000), Strategic Investment (₹0), and General Corporate Purpose (₹77,500,000). The utilized amounts for the quarter were ₹299,700 for Expansion, ₹21,122,392 for Working Capital, and ₹2,548,343 for General Corporate Purpose. No funds were utilized for Strategic Investment during the period. The company's Chief Financial Officer, Ravindranath Rajaram, signed off on the statement.
Key Highlights
- No deviation reported in the utilization of funds from preferential issue.
- Funds raised on March 26, 2026, allocated to expansion and working capital.
- Utilized ₹299,700 for expansion and ₹21,122,392 for working capital.
- No funds utilized for strategic investment during the quarter.
- General corporate purposes received ₹2,548,343 in utilization.
Price Impact
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