AUTOINDNSEAutoline Industries Limited· Auto AncillariesMinimalNeutral
Announced Fri, 15 May · 21:17 IST

Autoline Industries Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

AUTOIND · price

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Price reaction · full curve 14 horizons · vs prior close
+19.6%1-day move
₹73.60
prior close
₹83.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.1-3.9-5.9-4.7+19.6+16.2+19.4+16.2+12.1+11.1+4.6+8.8+20.8
Up moveDown movePending
AI summary

Autoline Industries raised INR 24.48 crore through a preferential allotment of 3,26,50,000 convertible warrants on February 5, 2026, at INR 75 per warrant. Of this, 25% (INR 6.12 crore) was received at the time of allotment, with the remaining 75% (INR 18.37 crore) payable upon exercise/conversion within 18 months. The company has confirmed no deviations or variations in the utilization of funds during the quarter and year ended March 31, 2026. The statement was reviewed by the Audit Committee on May 14, 2026, and taken on record by the Board on May 15, 2026.

Likely market impact

No deviation means funds are being used as originally intended, which is neutral-to-positive for shareholders as it signals compliance and proper governance.