
Yuken India: No Deviation in Preferential Allotment Fund Use
Yuken India Limited has submitted its Statement of Deviation/Variation for the quarter and half-year ended September 30, 2026. The company raised ₹5,991.84 Lakhs (₹59.92 Crore) through a preferential allotment on July 24, 2025, to its promoter, Yuken Kogyo Co. Ltd., Japan. The funds were intended for expanding business activities and commencing new product manufacturing for export. Yuken India confirms there has been no deviation or variation in the utilization of these proceeds from the stated objects. The utilization is being monitored by the Audit Committee and has been reviewed with no adverse comments. The total funds raised were ₹5,991.84 Lakhs, with ₹5,186.63 Lakhs utilized as of September 30, 2026.
Key Highlights
- No deviation reported in the utilization of preferential allotment funds.
- ₹5,991.84 Lakhs raised via preferential allotment on July 24, 2025.
- Funds are being used for business expansion and new product manufacturing.
- Audit Committee reviewed and confirmed no deviation in fund utilization.
Price Impact
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