Key Quantitative Figures
- Total amount raised through preferential issue: ₹6,60,76,092
- Funds utilized during quarter ended 31st March 2026: ₹5,14,199.54
- Number of equity shares allotted: 16,49,840 (Sixteen lakhs Forty-Nine Thousand Eight Hundred and Forty)
Dates of Action
- Date of raising funds: 8th May 2025
- Reporting period: Quarter and year ended 31st March 2026
- Audit Committee meeting date: 25th May 2026
- Document signing date: 25th May 2026 at 19:15:51 +05'30'
Parties Involved
- Issuer: Coromandel Engineering Company Limited
- Stock Exchange: BSE Limited
- Signatories: G V Manimaran (Chairman and Managing Director) and A K-Babu Ismath Razack (Chief Financial Officer)
- Regulatory Reference: SEBI Listing Regulations, Regulation 32
Purpose and Utilization
Funds were originally allocated for general corporate purposes and upcoming projects, including execution of Bank Guarantee, Performance Guarantee and Advances in respect to projects. No modification to original objects occurred.
Regulatory Compliance Status
- Deviation/variation in use of funds: No
- Approval required to vary objects: No
- Audit Committee review: Completed and approved on 25th May 2026
- Auditor comments: None
Financial Impact
No financial impact from deviation as no deviation occurred. Funds utilized as per original allocation objectives.
Capital Structure Impact
The preferential allotment of 16,49,840 equity shares was completed on 8th May 2025, with no subsequent changes to capital structure reported in this filing.
Additional Information
- Company CIN: L74910TN1947PLC000343
- Company certifications: ISO 9001:2015 & ISO 45001:2018 Certified