Regulatory29 May 2026, 12:09 am
Simplex Infra: No Deviation in Preferential Issue Funds for Q4 FY26
AI Summary
Simplex Infrastructures Limited has filed a statement under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended March 31, 2026. The company reported no deviation or variation in the utilization of funds raised from its Preferential Issue. The Audit Committee reviewed the statement and found no comments or deviations. The total funds raised from the Preferential Issue amounted to ₹281.59 Crores, which includes ₹262.84 Crores from equity and upfront consideration from warrants, and ₹18.75 Crores from the conversion of warrants. M/s Care Ratings Limited served as the monitoring agency.
Key Highlights
- Simplex Infra filed a deviation statement for Q4 FY26.
- No deviation found in the use of Preferential Issue funds.
- Audit Committee and auditors confirmed no comments on deviations.
- Total funds raised from Preferential Issue amounted to ₹281.59 Crores.
- Care Ratings Limited acted as the monitoring agency for the funds.
Price Impact
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