Swastika Castal Reports No Public Issue Fund Deviation

Swastika Castal Ltd filed a SEBI compliance statement confirming no deviation in utilization of ₹14.066 crore public issue proceeds for H2 FY26.
All funds were utilized exactly as per original objects stated in the July 15, 2025 prospectus with full allocation to capital expenditure and working capital.
The Audit Committee reviewed and confirmed the fund utilization at their meeting held on March 31, 2026 with no adverse comments.
The company raised funds through an initial public offering on July 28, 2025 and maintains full compliance with SEBI Listing Regulations.