BSECosmic CRF LtdMinimalNeutral
Announced Tue, 26 May · 18:49 IST

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

Price

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹1032.80
prior close
base price
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+10.2+4.7+2.8+2.6+5.0-1.6+12.6+2.6+20.1
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AI summary

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.

Likely market impact

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.