StockWatch
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Other Textile Products
Regulatory29 May 2026, 04:46 pm

SRSL reports no deviation in preferential issue fund use for Q4 FY26

AI Summary

Shree Rajasthan Syntex Limited (SRSL) has confirmed no deviation in the utilization of funds raised through a preferential issue of ₹10.76 Crores (₹1076.56 Lakhs) as of March 31, 2026. The funds were raised on November 28, 2025. The proceeds were primarily allocated for repaying financial creditors (₹2.55 Crores), paying workmen/employees (₹0.65 Crores), financing working capital requirements (₹4.5656 Crores), and capital expenditure (₹2.3261 Crores). A balance of ₹0.6739 Crores (₹67.39 Lakhs) remains unutilized, earmarked for capital expenditure. This statement was filed in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • SRSL reports no deviation in preferential issue fund utilization.
  • ₹10.76 Crores raised via preferential issue on November 28, 2025.
  • Funds used for debt repayment, working capital, and capital expenditure.
  • ₹67.39 Lakhs remains unutilized for capital expenditure as of March 31, 2026.