Regulatory26 Jul 2026, 09:30 am
TANFAC Industries: Q2 2026 Fund Utilization Statement Filed
AI Summary
TANFAC Industries Ltd has filed its Statement of Deviation or Variation in the utilization of funds raised through Qualified Institutional Placement (QIP) for the quarter ended June 30, 2026. The company raised ₹24,999.97 Crores via QIP on June 25, 2026. The statement details the original objects for which funds were raised, including financing the project cost for establishing a refrigerant gas plant for manufacturing HIFC-32. The filing indicates that the company has completed its QIP of equity shares. The statement is submitted in XBRL mode along with financial statements.
Key Highlights
- TANFAC Industries filed Q2 2026 fund utilization statement.
- Funds raised via QIP on June 25, 2026, amounted to ₹24,999.97 Crores.
- Statement covers utilization for refrigerant gas plant project.
- QIP completion confirmed; shares issued at ₹1983.43 each.
- Filing submitted in XBRL format.
Price Impact
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