
Corporate Governance13 Nov 2026, 06:51 pm
Shree Pacetronix: No Deviation in Preferential Issue Fund Utilization
AI Summary
Shree Pacetronix Limited has confirmed that there were no deviations or variations in the utilization of funds raised through a Preferential Issue for the quarter and half-year ended September 30, 2026. The company raised a total of ₹243.48 Lakhs through the allotment of equity shares and warrants on a preferential basis on November 14, 2025, and March 20, 2026. The funds were allocated for Capital Expenditure for setting up/upgrading manufacturing facilities and General Corporate purposes. The statement, reviewed by the Audit Committee and taken on record by the Board of Directors, confirms adherence to the planned use of funds as per SEBI regulations.
Key Highlights
- No deviation reported in preferential issue fund utilization for Q2 FY27.
- Total funds raised: ₹243.48 Lakhs via equity shares and warrants.
- Funds allocated to capital expenditure and general corporate purposes.
- Statement reviewed by Audit Committee and Board of Directors.
- Confirms compliance with SEBI (LODR) Regulations, 2015.
Price Impact
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