TANFAC: No Deviation in QIP/Preferential Allotment Fund Use

TANFAC Industries Ltd has filed its Statement of Deviation & Variation for the quarter and half-year ended September 30, 2026, concerning funds raised via Qualified Institutional Placement (QIP) and Preferential Allotment. The company raised ₹250.00 Crore (₹24,999.97 Lakhs) through QIP on June 25, 2026, and ₹99.40 Crore (₹9940.99 Lakhs) via Preferential Allotment on September 09, 2026. For both modes of fundraising, TANFAC reported no deviation or variation in the utilization of funds as per the stated objects, which included financing the establishment of an HFC-32 Plant and general corporate purposes. The reports were submitted in XBRL mode.