Regulatory27 Jul 2026, 04:01 pm
Spice Islands Industries: No Deviation in Preferential Issue Fund Use
AI Summary
Spice Islands Industries Ltd has filed its quarterly statement for the period ended June 30, 2026, detailing the utilization of funds raised through a preferential issue. The company reported that there has been no deviation or variation in the use of these funds. The total amount raised was ₹8,69,99,580/-, and as of June 30, 2026, the utilized amount stood at ₹8,69,96,580/-, leaving a balance of ₹3,000/-. The funds were intended for working capital requirements, business expansion, and general corporate purposes. The filing confirms adherence to SEBI regulations regarding fund utilization.
Key Highlights
- No deviation reported in preferential issue fund utilization for Q2 FY26.
- Total funds raised: ₹8,69,99,580/-.
- Funds utilized: ₹8,69,96,580/-, balance ₹3,000/-.
- Purpose: Working capital, business expansion, general corporate.
- Company complies with SEBI (LODR) Regulations, 2015.
Price Impact
More from SPICEISL