CFO certificate on use of Commercial Paper proceeds for Q2 FY26

Compliance View source PDF Explain this filing

ELECTCAST · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹76.24

prior close

₹76.99

announcement price

After-mkt

timing

Nifty Microcap 250market+0.2%+0.1% vs market

Iron & Steel Products peers, median of 106sector-0.0%+0.4% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.4 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.8

15m

-2.0

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.2+0.1-0.0+0.4

Next day

+2.7+0.9+1.8+0.6+2.2

+0.2-0.8+1.0-0.3+0.5

+1.1-0.1+1.2+0.0+1.1

-1.9-1.7-0.2-1.0-0.9

-7.4-4.3-3.1-3.7-3.7

-12.8-7.5-5.3-8.2-4.6

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 106Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Electrosteel Castings filed a CFO certificate for the quarter ended 30 September 2026, as required under SEBI Master Circular dated 22 May 2024 on the Commercial Paper listing framework. CFO Rajesh Daga certified that proceeds raised through Commercial Papers during the quarter were used for the purposes disclosed in the Disclosure Document. The company also confirmed adherence to all other listing conditions specified in Chapter XVII of the SEBI Circular.

Likely market impact

Routine regulatory compliance filing; confirms proper end-use of CP proceeds. No material impact on shareholders or stock price.