Regulatory21 May 2026, 04:51 pm
Swastika Castal: No Deviation in Funds Utilization as of March 2026
AI Summary
Swastika Castal Ltd reports no deviations or variations in the utilization of funds raised through its Public Issue for the half-year ended March 31, 2026. The net proceeds were used as stated in the Prospectus dated July 15, 2025. The Audit Committee reviewed and confirmed this on March 31, 2026. The company raised ₹1406.60 lakhs through the Public Issue on July 28, 2025.
Key Highlights
- No deviation in utilization of Public Issue funds for H1 ended March 31, 2026.
- Audit Committee reviewed and confirmed fund utilization on March 31, 2026.
- ₹1406.60 lakhs raised through Public Issue on July 28, 2025.
- Funds allocated to Capital Expenditure, Working Capital, General Corporate Purposes, and Public Issue Expenses.
- Original allocation matched utilized amounts across all categories.
Price Impact
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