NIBE Ltd: No Deviation in Fund Utilization for Q2 FY27

NIBE Ltd has reported no deviation or variation in the utilization of funds raised through a Preferential Allotment on June 08, 2026. The funds, amounting to ₹1,346,689,000, were raised for setting up new facilities, repayment of existing borrowing, and augmenting working capital. While most allocations are in line with original plans, there's a significant unutilized amount of ₹2,53,008 lying in the current account as of June 30, 2026. Additionally, 75% of the warrant subscription is pending for 1,242,000 warrants.