Key Quantitative Figures
- Amount raised through warrant conversion: ₹7,50,00,000 (received on March 27, 2026)
- Total funds utilized for stated objects: ₹35,59,33,582 as of September 30, 2026 quarter
- Total aggregate amount including previous fund raises: ₹57,25,00,000
Transaction Details
The company raised funds through conversion of 5,00,000 warrants into equity shares at ₹200 per share (₹10 face value + ₹190 securities premium).
- 25% of consideration received at time of warrant issuance
- Balance 75% (₹7.50 crore) received upon conversion on March 27, 2026
Purpose of Funds
Funds were raised for long-term funding for:
- Capital expenditure
- Working capital
- General corporate purposes
Governance Review
The Audit Committee reviewed and noted the compliance statement at its meeting held on November 12, 2026. The committee provided no additional comments, and there were no auditor comments on the matter.
Additional Information
The complete statement is available on the company's investor relations website at https://www.chemtechvalves.com/investors/.
The disclosure was signed by Aarohi Pareek, Company Secretary & Compliance Officer, on November 12, 2026 at 17:50:59 IST.