Pursuant to Reg 32 of SEBI (LODR) Regulations, 2015 -Statement of Deviation or Variation in the utilization of Preferential Issue - II of Equity Shares and Convertible Share Warrants of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cosmic CRF Limited filed its half-yearly and annual statement confirming there is NO deviation or variation in how funds from its Preferential Issue-II have been utilized. The company raised ₹17,243.87 Lakhs through equity shares and convertible share warrants on March 10, 2025. Of this, ₹7,431.24 Lakhs has been utilized for capex and investments in subsidiaries, while ₹10,000.00 Lakhs remains parked in Fixed Deposits and ₹37.78 Lakhs is in the current account. The statement has been reviewed and taken on record by the Audit Committee and Board on May 25, 2026.
For shareholders, this is a neutral-to-positive filing as the company has confirmed proper utilization of funds as per the stated objects with no deviations reported. The large portion of funds (₹10,000 Lakhs) still in fixed deposits indicates capital deployment is ongoing.