Mish Designs: No Deviation in Preferential Issue Fund Use

Mish Designs Limited has filed a statement confirming no deviation or variation in the utilization of funds raised through preferential issues for the half-year ended September 30, 2026. The company raised a total of Rs. 232.50 Lakhs (Rs. 2.325 Crore) across two preferential issues on July 28, 2026, and September 09, 2026. Funds were allocated for Working Capital Requirement and General Corporate Purposes. As of September 30, 2026, the entire amount raised has been utilized, with Rs. 138.75 Lakhs (Rs. 1.3875 Crore) used for working capital and Rs. 46.50 Lakhs (Rs. 0.465 Crore) for general corporate purposes from the July issue, and Rs. 28.13 Lakhs (Rs. 0.2813 Crore) for working capital and Rs. 9.37 Lakhs (Rs. 0.0937 Crore) for general corporate purposes from the September issue. No deviations were reported, and no comments were provided by the Audit Committee or Auditors.