Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/ 2026 issued ....
SHREEPUSHK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Pushkar Chemicals & Fertilisers Ltd has filed a nil deviation statement for funds raised via preferential issue of Fully Convertible Warrants. The total issue size is Rs. 30 crore (approx), with Rs. 7.5 crore (25%) received as subscription amount as of March 31, 2026. The remaining 75% will be received when warrant holders exercise their conversion option within 18 months. The funds are earmarked for investment in Madhya Bharat Phosphate Private Limited, a wholly-owned subsidiary, to fund capital expenditure for a complex fertilisers expansion project at Meghnagar, Madhya Pradesh. Both the Audit Committee and Auditors have confirmed no comments or deviations.
The nil deviation statement is a positive compliance indicator, confirming that the company is using the raised funds as originally intended. For shareholders, this filing provides transparency that the Rs. 30 crore fund deployment for subsidiary investment and fertiliser expansion is on track.