Quarterly Updates29 May 2026, 09:41 pm
Samsrita Labs: No Deviation in Preferential Issue Proceeds
AI Summary
Samsrita Labs Ltd reports no deviation or variation in the use of proceeds raised through a preferential issue for the quarter ended March 31, 2026. The funds, amounting to ₹339.10 lakhs raised on July 18, 2025, were allocated to working capital, investments, repayment of unsecured loans, and general corporate purposes. The Audit Committee reviewed and confirmed the statement on May 29, 2026.
Key Highlights
- Samsrita Labs confirms no deviation in use of preferential issue proceeds for Q4 2025-26.
- ₹339.10 lakhs raised through preferential issue on July 18, 2025.
- Funds allocated to working capital, investments, loan repayment, and general corporate purposes.
- Audit Committee reviewed and approved the statement on May 29, 2026.
Price Impact
More from SAMSRITA