Announced Fri, 24 Jul · 17:13 IST
No deviation in use of funds from warrant issue
ASALCBR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹822.00
prior close
₹800.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.0-0.9-0.9——————————
Up moveDown movePending
AI summary
Company confirms no deviation in use of proceeds from the Rs 43.65 crore preferential issue of convertible warrants made in March 2024. All 9 lakh warrants at Rs 485 each have been converted into equity shares. Funds were meant for investment in wholly owned subsidiary for setting up a bottling and distillery unit in Uttar Pradesh. As of 30 June 2026, funds remain unutilized and kept earmarked for the stated purpose. Routine quarterly filing under SEBI Regulation 32.
Likely market impact
Routine compliance filing. No material price impact. Subsidiary bottling project in UP is still pending execution.