Statement of Deviation for Quarter ended 31st March,2026.
KRITI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kriti Industries India Ltd has filed a NIL statement of deviation for Q4 FY2026, confirming that funds raised through preferential issues (on July 27, 2024, February 11, 2025, and June 12, 2025) have been utilized without any deviation from stated objects. The company raised Rs. 7425.297 lakh (approximately Rs. 74.25 crore) out of the planned Rs. 150 crore. Of this, Rs. 3425.297 lakh has been deployed for capital expenditure toward capacity expansion at Pithampur and new locations, while Rs. 4000 lakh was used for working capital requirements. No funds have been allocated for general corporate purposes so far. The Audit Committee has confirmed there is no deviation or variation in fund utilization.
This is a routine compliance filing with no negative implications for shareholders. The NIL deviation statement indicates proper utilization of proceeds as per the approved objects. The deployment rate of ~50% against the target Rs. 150 crore is on track, suggesting the expansion and working capital plans are progressing as planned.