Certificate issued by the Chief Financial Officer on the utilization of proceeds of Commercial Paper for the quarter ended June 30, 2025
BALRAMCHIN · price
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Awaiting price reaction for this filing.
Balrampur Chini Mills has filed a certificate from its Chief Financial Officer (Pramod Patwari) confirming that the proceeds raised through Commercial Papers were utilised in line with what was disclosed in the Disclosure Document for the quarter ended 30th June 2025. The filing has been made with BSE (Scrip Code: 726892) as required under Chapter XVII of the SEBI Master Circular dated 22nd May 2024, which governs listed commercial paper issuers. The CFO has also confirmed that all other listing conditions specified in that SEBI circular were complied with during the quarter. This is a routine quarterly compliance disclosure, and no specific amount of proceeds or end-use is mentioned in the letter itself.
No material impact on shareholders or stock price — this is a standard regulatory confirmation that short-term borrowing proceeds were used as promised. It reinforces transparency and compliance but signals nothing new about the company's financial performance or capital structure.