Corporate Governance30 May 2026, 11:31 am
Kizi Apparels: Deviation Statement for Share Warrants
AI Summary
Kizi Apparels Ltd. filed a statement of deviation for the issue of share warrants as of March 31, 2026. The company raised ₹89,28,000 through preferential issues on March 24, 2026, to meet working capital requirements and for general corporate purposes. There was no deviation or variation in the use of funds raised. The original allocation for working capital was ₹3,00,96,000, with ₹89,28,000 utilized. The original allocation for general corporate purposes was ₹75,24,000, with ₹0 utilized.
Key Highlights
- Kizi Apparels raised ₹89,28,000 via preferential issue on 24-03-2026.
- Funds were allocated for working capital and general corporate purposes.
- No deviation or variation reported in the use of funds.
- ₹89,28,000 was utilized for working capital requirements.
- Auditor's comments on deviation/variation are not applicable.
Price Impact
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