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Nibe Limited confirms no deviation in utilization of Rs 1,346,689,000 preferential allotment
14-Aug-2026, 08:40
Nibe Limited informed the BSE Limited and National Stock Exchange of India Limited that there was no deviation or variation in the utilization of funds raised through a preferential allotment of Rs 1,346,689,000 on March 5, 2026, and June 8, 2026, according to a filing on August 14, 2026. Crisil Ratings Limited is the monitoring agency for the funds, and as of June 30, 2026, there was an unutilized amount of Rs 2,53,008 lying in the company's current account, while 75% of the warrant subscription remains pending for 1,242,000 warrants.
Nibe Limited informed the BSE Limited and National Stock Exchange of India Limited that there was no deviation or variation in the utilization of funds raised through a preferential allotment of Rs 1,346,689,000 on March 5, 2026, and June 8, 2026, according to a filing on August 14, 2026. Crisil Ratings Limited is the monitoring agency for the funds, and as of June 30, 2026, there was an unutilized amount of Rs 2,53,008 lying in the company's current account, while 75% of the warrant subscription remains pending for 1,242,000 warrants.