Rights Issue29 May 2026, 09:11 pm
Times Green Energy: No Deviation in Rights Issue Proceeds
AI Summary
Times Green Energy (India) Ltd reports no deviation or variation in the use of proceeds from its Rights Issue for the year ended March 31, 2026. The company raised ₹898.56 lakhs through a Rights Issue on November 19, 2025, intended for the expansion of its Agri Trading Business. As of March 31, 2026, ₹778.56 lakhs has been utilized, with ₹120.00 lakhs remaining unutilized. There were no deviations or variations in the use of funds.
Key Highlights
- No deviation in use of Rights Issue proceeds reported.
- ₹898.56 lakhs raised via Rights Issue on November 19, 2025.
- ₹778.56 lakhs utilized for Agri Trading Business expansion.
- ₹120.00 lakhs remains unutilized as of March 31, 2026.
- Audit Committee and Auditors have no comments on fund utilization.
Price Impact
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