Statement of utilization of the proceeds of the preferencial issue of the company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kesar India Limited has submitted a compliance statement to BSE confirming that the proceeds raised through its preferential issue were utilised exactly as planned during the quarter ended March 31, 2026, with no deviations or variations reported. The filing is made under Regulation 32 of SEBI Listing Regulations read with the SEBI circular dated December 24, 2019. The statement was reviewed by the Audit Committee and taken on record by the Board at their meetings held on April 8, 2026. The company is based in Nagpur, Maharashtra, and is listed on BSE under scrip code 543542.
This is a routine regulatory compliance disclosure and is broadly neutral for shareholders. It reassures investors that funds from the preferential issue are being used as originally intended, with no misuse or unauthorised diversion, which supports governance confidence.