Clenon Enterprises Ltd Reports No Deviation in Utilization of Preferential Issue of Equity Shares Proceeds for Q3 2025

Clenon Enterprises Ltd (formerly G.R.Cables Limited) has released a statement of deviation or variation in utilization of proceeds from the preferential issue of equity shares for the quarter ended December 31, 2025. The company raised Rs. 2,32,50,000/- through preferential equity shares on December 30, 2025. The report filed for the quarter ending December 31, 2025, indicates no deviation or variation in the utilization of funds raised. The Audit Committee has also noted no deviation in the utilization of funds.