Corporate Governance13 Nov 2026, 07:00 pm
Kalyani Cast-Tech: No Deviation in Fund Utilization for Warrants
AI Summary
Kalyani Cast-Tech Ltd has filed a Statement of Deviation/Variation for the half-year ended September 30, 2026, regarding funds raised through convertible warrants on a preferential basis. The total amount raised was ₹18,80,57,586/-, with ₹4,70,14,397.00/- received. The company reported no deviation in the utilization of these funds. The funds were originally allocated for capital expenditure, working capital, and general corporate purposes. The Audit Committee provided favorable comments, and the auditors had no comments.
Key Highlights
- No deviation reported in fund utilization for convertible warrants.
- Funds raised via preferential allotment of warrants totaled ₹18.81 Cr.
- Original objects included capital expenditure and working capital.
- Audit Committee provided favorable comments on fund utilization.
Price Impact
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