Panafic Industrials: No Deviation in Right Issue Fund Utilization for Q2 FY27

Panafic Industrials Ltd (now Panafic Investment and Finance Limited) has submitted its Statement of Deviation(s) or Variation(s) for the quarter ended September 30, 2026, as per SEBI (LODR) Regulations, 2015. The company reported no deviation or variation in the utilization of funds raised through its Right Issue amounting to ₹41,06,25,000 (₹41.06 Crore). The funds were utilized in accordance with the objects stated in the offer document, including funding working capital requirements and issue expenses. The Audit Committee and the Board of Directors have reviewed and taken on record the statement, confirming adherence to the original plan.