Pennar Industries: No Deviation in Preferential Issue Fund Utilization

Pennar Industries Limited has submitted a statement of deviations or variations for funds raised through the issue of convertible equity warrants on a preferential basis for the quarter ended September 30, 2026. The company reported that there is no deviation or variation in the utilization of funds raised from the objects stated in the explanatory statement to the notice of the General Meeting. The total amount raised was ₹19,53,00,000. The statement has been reviewed by the Audit Committee and approved by the Board of Directors.