Announced Mon, 27 Jul · 16:00 IST
Spice Islands Industries reports no deviation in preferential issue fund use for Q1FY27
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹492.95
prior close
₹503.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.6-0.8-0.6-1.2+1.1+0.8+0.4+0.8-0.5-1.9———
Up moveDown movePending
AI summary
Spice Islands Industries filed a statement on use of funds raised via preferential issue. Total raised was Rs. 8.70 crore through 19,33,324 equity shares allotted at Rs. 45 (Rs. 35 premium) on December 1, 2025, upon conversion of warrants. As of June 30, 2026, about Rs. 8.70 crore has been utilized for working capital, business expansion, and general corporate purposes, with just Rs. 3,000 remaining. No deviation or variation was reported, and no comments from auditors.
Likely market impact
No deviation in fund use. About 99.99 percent of the Rs. 8.70 crore raised has been deployed as planned, indicating orderly utilization.