Pursuant to Regulation 32 of the SEBI (LODR) Regulations,2015 we are enclosing herewith Statement of Deviation(s) Variation(s) in utilisation of fund raised by the company
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Sunrakshakk Industries India Limited (formerly A.K. Spintex Limited), a BSE-listed micro-cap company (Scrip: 539300), has filed its quarterly statement on fund utilization for Qtr ended March 2026. The company raised Rs 9824.64 lakh (approximately Rs 98.25 crore) through a Preferential Issue with allotment on May 30, 2025. The funds are being deployed as originally intended — Rs 7859.72 lakh toward expansion of manufacturing and trading across cosmetics, personal care, healthcare, home care, soap noodles, and oil/chemical processing, and Rs 1964.92 lakh toward working capital for the expansion and existing business. No deviation or variation in fund utilization has been reported. The Audit Committee's comments are NIL.
No change expected for shareholders — funds are being used as per original objects with zero deviation reported. The clean utilization confirms the company is executing its stated expansion plan.