ISHANCHNSEIshan Dyes and Chemicals LimitedMinimalNeutral
Announced Thu, 28 May · 20:14 IST

Ishan Dyes and Chemicals Limited has informed the Exchange about Utilisation of Funds from Preferential Issue

ISHANCH · price

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

Price reaction · full curve 14 horizons · vs prior close
-7.8%1-day move
₹63.99
prior close
₹65.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-4.6-7.8-4.7-6.3-4.7-3.5-8.4-10.1-10.9
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AI summary

Ishan Dyes and Chemicals Limited has filed its quarterly utilization report for funds raised through two preferential issues. The first issue raised Rs. 199.99 lakh on 21st March 2026, and the second raised Rs. 349.98 lakh on 28th March 2026, totaling approximately Rs. 5.5 crore. The company has confirmed there is NO deviation or variation in the use of funds from the originally stated objects. All funds (Rs. 199.99 lakh and Rs. 349.98 lakh respectively) were fully utilized solely for 'Working Capital requirements' during the quarter ended 31st March 2026. No funds were deployed for Plant & Machinery acquisition, debt repayment, or general corporate purposes during this period.

Likely market impact

Positive signal for shareholders as the company has properly deployed the entire preferential issue proceeds as promised, with zero deviation. This indicates disciplined capital deployment and adherence to stated objectives.