Simplex Infrastructures: No Deviation in Preferential Issue Funds for Q1 FY27

Simplex Infrastructures Ltd has filed a statement of deviation or variation for the quarter ended June 30, 2026, concerning the proceeds from its preferential issue. The company reported that there was no deviation or variation in the utilization of funds raised through a preferential issue amounting to ₹281.59 Crores. The funds were raised on May 29, 2025, and the report is filed for the quarter ending June 30, 2026. Both the Audit Committee and auditors have provided 'No Comments', indicating satisfactory utilization of funds as per the original objects.