COMSYN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Commercial Syn Bags Ltd has filed a confirmation that there are no deviations or variations in the utilization of proceeds from its preferential issue. Funds were raised on 30th March 2026 amounting to Rs. 208.98 Lakhs. The statement has been reviewed by the Audit Committee and taken on record by the Board of Directors on 30th May 2026. The filing includes a table showing original allocation objects (PPE purchase, working capital, general corporate purpose) against modified allocations and funds utilised, with nil deviation reported. The Company Secretary Sandeep Patel signed the filing digitally.
No negative implications for shareholders as the company confirms funds are being used as per the disclosed objects with no deviation. This is a routine regulatory compliance filing under SEBI LODR, providing transparency on capital deployment.