Monthly Update13 Feb 2026, 06:03 pm
Jainex Aamcol Ltd: No Deviation or Variation in Utilization of Proceeds of Right Issue for Q3FY26
AI Summary
Jainex Aamcol Ltd has reported no deviation or variation in the utilization of proceeds of the right issue for the quarter ended 31/12/2025. The company repaid a portion of unsecured loans, reducing the overall cost of funds. The revised allocation was approved by the board and the Audit Committee concluded that there is no deviation in use of funds.
Key Highlights
- Jainex Aamcol Ltd reports no deviation in use of proceeds of right issue for Q3FY26
- Company repaid a portion of unsecured loans to reduce overall cost of funds
- Revised allocation approved by the board
- Audit Committee concluded no deviation in use of funds
- Unsecured loans carry higher cost compared to secured loans
Price Impact
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