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Desh Rakshak Aushdhalaya Limited confirms proceeds used for working capital and corporate purposes
13-Aug-2026, 02:48
Desh Rakshak Aushdhalaya Limited informed the BSE that there was no deviation or variation in the use of proceeds from the allotment of 12,60,000 equity shares on a preferential basis, announced on September 9, 2025, and raising Rs 2,77,20,000. The company confirmed that Rs 2,07,90,000 was utilized for working capital requirements and Rs 69,30,000 for general corporate purposes as of June 30, 2026, in accordance with the original objects stated in the explanatory statement to the Extraordinary General Meeting held on May 5, 2025.
Desh Rakshak Aushdhalaya Limited informed the BSE that there was no deviation or variation in the use of proceeds from the allotment of 12,60,000 equity shares on a preferential basis, announced on September 9, 2025, and raising Rs 2,77,20,000. The company confirmed that Rs 2,07,90,000 was utilized for working capital requirements and Rs 69,30,000 for general corporate purposes as of June 30, 2026, in accordance with the original objects stated in the explanatory statement to the Extraordinary General Meeting held on May 5, 2025.