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Jainex Aamcol confirms no deviation in right issue proceeds utilization per BSE filing
07-Aug-2026, 06:42
Jainex Aamcol Limited informed the BSE that there was no deviation or variation in the utilization of proceeds from its right issue of equity shares for the quarter ended June 30, 2026, according to a filing on August 7, 2026. The company had raised Rs 897.80 lakhs through the right issue on December 10, 2025, and CARE Ratings Limited is the monitoring agency. The funds were utilized to partially fund an expansion program, repay unsecured loans, and cover issue expenditure.
Jainex Aamcol Limited informed the BSE that there was no deviation or variation in the utilization of proceeds from its right issue of equity shares for the quarter ended June 30, 2026, according to a filing on August 7, 2026. The company had raised Rs 897.80 lakhs through the right issue on December 10, 2025, and CARE Ratings Limited is the monitoring agency. The funds were utilized to partially fund an expansion program, repay unsecured loans, and cover issue expenditure.