Preferential issue funds fully used without deviation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.2 pts more than Nifty Microcap 250 and 5.9 pts more than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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For the quarter ended September 30, 2026, the company reported no deviation from the stated use of preferential issue proceeds. It raised Rs 8.70 crore through 19,33,324 warrants, later converted into shares, and used the funds for working capital, business expansion and general corporate purposes. Only Rs 3,000 remained.
No deviation was reported and nearly all funds were used as planned. This is a compliance update with no clear new stock price catalyst.