Autoline Industries Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
AUTOIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
No deviation means funds are being used as originally intended, which is neutral-to-positive for shareholders as it signals compliance and proper governance.