
Corporate Governance10 Nov 2026, 07:10 pm
Simplex Infrastructures Files Deviation Report for Q2 FY27
AI Summary
Simplex Infrastructures Limited has submitted its deviation and variation report for the quarter ended September 30, 2026. The report, reviewed by the Audit Committee, pertains to the utilization of funds raised through a Preferential Issue. The total funds raised amounted to ₹281.59 Crores, comprising ₹209.22 Crores from Equity and ₹53.62 Crores from upfront consideration for warrants, plus ₹18.75 Crores upon exercise of warrants. The filing indicates no deviation or variation in the use of these funds for the specified quarter. The company has also confirmed that there are no comments from the Audit Committee or auditors regarding any deviations.
Key Highlights
- Simplex Infrastructures filed its Q2 FY27 deviation report.
- Funds were raised via Preferential Issue totaling ₹281.59 Crores.
- No deviation or variation in fund utilization reported for the quarter.
- Audit Committee and auditors provided no adverse comments.
Price Impact
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