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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Marutinandan Tubes Ltd has submitted its half-yearly statement of fund utilisation for proceeds raised via a public issue on 17th January 2024, amounting to Rs. 14.30 crores. The funds have been fully deployed: Rs. 10.60 crore towards incremental working capital requirements, Rs. 3.09 crore towards general corporate purposes, and Rs. 0.61 crore towards public issue expenses. There is no deviation in the use of funds. A minor reallocation of Rs. 0.09 crore (from unspent public issue expenses to general corporate purposes) was approved by the Audit Committee and Board on 16th January 2026, as all issue-related expenses were completed.
No deviation detected — funds are being used as intended. The minor reallocation from unused issue expenses to general corporate purposes is routine and not a concern for shareholders.