Trishakti Industries: No Deviation in Fund Use from Warrant Conversion

Trishakti Industries Ltd has filed a Statement of Deviation for the quarter and half-year ended September 30, 2026. The company confirms there has been no deviation or variation in the utilization of funds raised through the conversion of warrants, issued on a preferential basis, into equity shares. The funds raised amounted to ₹4,95,64,350 (₹4.96 Crore). This statement has been reviewed by the Audit Committee and confirms that all proceeds were used as originally intended, with no discrepancies noted in the utilization against the stated objects, which included business expansion, repayment of debt, strategic investments, working capital, and general corporate purposes.