Raaj Medisafe India: No Deviation in Fund Utilization for Preferential Issue

Raaj Medisafe India Ltd has submitted its Statement of Deviation or Variation in Utilization of Funds for the quarter ended September 30, 2026. The funds were raised through a Preferential Issue on March 26, 2026, amounting to ₹18,01,25,000. The company reported no deviation or variation in the utilization of these funds, as reviewed by the Audit Committee. The original objects for which funds were raised included acquisition of plant, machinery, and business operations, expansion plans, enhancement of manufacturing capacity, working capital requirements, and general corporate purposes. No modifications were made to these objects, and the utilization aligned with the original disclosure.