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Thirumalai Chemicals reports no deviation in preferential issue fund utilization
04-Aug-2026, 07:45
Thirumalai Chemicals Limited informed the National Stock Exchange of India Limited and BSE Limited that the company’s audit committee reviewed a statement of deviation or variation in the utilization of funds raised through a preferential issue of Rs 5613.99 lakhs on December 18, 2025, for the quarter ended June 30, 2026, noting no deviation in the use of funds, with Rs 0.98 lakhs remaining in the Share Application Account to be utilized for general corporate purposes.
Thirumalai Chemicals Limited informed the National Stock Exchange of India Limited and BSE Limited that the company’s audit committee reviewed a statement of deviation or variation in the utilization of funds raised through a preferential issue of Rs 5613.99 lakhs on December 18, 2025, for the quarter ended June 30, 2026, noting no deviation in the use of funds, with Rs 0.98 lakhs remaining in the Share Application Account to be utilized for general corporate purposes.