MITCON Consultancy & Engineering Services Fund Raise of ₹30.74 Cr
MITCON Consultancy confirmed full utilization of its ₹30.74 Crore rights issue proceeds. Funds were deployed across subsidiary investments, lab upgrades, and working capital requirements.
Achyut Healthcare Limited confirmed zero deviation in the utilization of public and preferential issue proceeds for the half-year. Total funds raised across tranches reached ₹28.01 Crore.
Classic Leasing & Finance confirmed full utilization of ₹10.64 Crore raised via preferential issue. Funds were deployed for working capital, showing zero deviation from objects.
Godavari Drugs Limited reported zero deviation in the utilization of ₹44.12 Crore raised through a preferential allotment. The funds are being deployed for capital expenditure.
Varroc Engineering reported NIL deviation in utilizing ₹200 Crore raised via Commercial Paper during FY 2025-26. Funds were fully deployed for their stated objectives.
Shyam Dhani Industries reported zero deviations in the utilization of its ₹38.49 Crore IPO proceeds. Funds were deployed across working capital, debt repayment, and marketing.
Cospower Engineering reported zero deviation in utilizing proceeds from two preferential issues totaling ₹23.63 Crore. The confirmation highlights disciplined capital deployment toward expansion and working capital.
Supreme Power Equipment Limited confirmed zero deviation in utilizing ₹5.27 Crore raised via preferential warrants. The funds are being deployed for working capital and development purposes.
RDB Rasayans reported zero deviation in utilizing its ₹35.55 Crore IPO proceeds for the quarter. Funds were deployed toward capital expenditure and general corporate purposes.
NHC Foods approved raising up to ₹256.50 Crore through Foreign Currency Convertible Bonds. The 5-year unsecured bonds carry a 1.5% coupon rate for strategic capital.
Subam Papers revised its preferential issue fundraise to ₹104.37 Crore following under-subscription. The adjustment reflects reduced allocation for general corporate purposes.
Landmark Global Learning reported utilization of ₹40.32 Crore IPO proceeds for the quarter ended March 2026. The company confirmed zero deviation from stated objects.
Alan Scott Enterprises reported zero deviation in utilizing ₹6.75 Crore raised through a preferential issue. Funds were deployed across subsidiary acquisitions and corporate purposes.
Shakti Press Ltd extended its Rights Issue closing date to June 02, 2026. The move provides shareholders additional time to participate in the capital raise.
Mayasheel Ventures Limited reported utilization of ₹24.55 Crore raised via IPO. There were no deviations or variations in fund usage during the reporting period.
Upsurge Investment & Finance Fund Raise of ₹10.13 Cr
Upsurge Investment & Finance confirmed zero deviation in utilizing ₹10.13 Crore raised via preferential issue. Funds were deployed for working capital and corporate purposes.
Shree Marutinandan Tubes reallocated ₹0.09 Crore of unutilised IPO proceeds to General Corporate Purposes. The variation follows the completion of issue-related expenses.
Pramara Promotions confirmed zero deviation in utilizing ₹46.91 Crore raised via preferential issues and warrant conversions. Funds were fully deployed for working capital, land, and corporate purposes.
E Factor Experiences Limited confirmed zero deviation in the utilization of its ₹25.92 Crore IPO proceeds. Funds were deployed as per objects stated in the prospectus.
KRN Heat Exchanger and Refrigeration Limited launched a Qualified Institutions Placement on May 26, 2026. The floor price is set at ₹1,114.05 per share.
Current Infraprojects Limited reported zero deviation in IPO fund utilization for FY2026. The company deployed ₹38.54 Crore across solar projects, working capital, and general purposes.
Highway Infrastructure Limited disclosed zero deviation in IPO fund utilization for the March 2026 quarter. Net proceeds of ₹82.88 Crore are primarily deployed for working capital.
Krishana Phoschem's board approved a proposal for fundraising through multiple potential methods. Final modes and amounts will be decided after consulting merchant bankers and stakeholders.
Boss Packaging Solutions confirmed full utilization of its ₹8.41 Crore IPO proceeds without any deviations. The board and audit committee reviewed these findings for the period.
SoftTech Engineers confirmed no deviations in utilizing ₹73.30 Crore raised via preferential issues. The Audit Committee and Board reviewed these statements on May 26, 2026.
Arham Technologies confirmed the utilization of ₹68.82 Crore raised through preferential issues. The board and audit committee reported no deviations in fund usage.
Sadhana Nitro Chem Limited confirmed no deviations in utilizing Rs. 263.53 Crore raised via rights issue. The Audit Committee reviewed the deployment of ₹251.95 Crore for corporate objectives.
Shayona Engineering Ltd submitted its auditor's certificate regarding the utilization of ₹14.86 Crore in IPO proceeds. No material deviations were reported by the statutory auditors.
Maxposure Limited reported full utilization of ₹20.26 Crore IPO proceeds. Shareholders previously approved a variation in objects for strategic acquisition and investment in the aviation industry.