Statement of utilization of the proceeds of the Preferential Issue of the Company.
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Awaiting price reaction for this filing.
Kesar India Ltd has filed a quarterly compliance statement with BSE confirming how it has used the money raised through its earlier Preferential Issue. The company reports there have been no deviations or variations from the originally stated purpose of fund utilization for the quarter and nine months ended December 31, 2025. The statement was reviewed by the Audit Committee and approved by the Board at their meeting on February 14, 2026. This is a routine SEBI-mandated disclosure under Regulation 32 of the Listing Regulations.
This is a neutral, routine compliance filing. It reassures shareholders that the company has used the funds raised from the Preferential Issue as previously disclosed, with no misuse or diversion. No immediate effect on stock price is expected.