Chemtech Industrial Valves Ltd

Fund deviation status

• Purpose: No material deviation in use of funds from warrants conversion.
• Mode of fund raising: Preferential Issue via warrant conversion.
• Date of raising funds: March 27, 2026.
• Amount raised: ₹7.50 crore.
• Report filed for quarter ended: June 30, 2026.
• Monitoring agency: Not applicable.
• Deviation status: No deviation in use of funds.
• Audit Committee noted the statement at Aug 12, 2026 meeting.
• Utilisation status: Proceeds used as stated with no material deviation.

Results & review

• Board approved unaudited results for the quarter ended June 30, 2026.
• Limited Review Report by M/s. Raju & Prasad submitted.
• Audit Committee reviewed the results; board meeting held August 12, 2026.
• Ind AS compliant; figures regrouped as applicable.

Fundraising & deviation

• Warrants conversion raised Rs 7.50 crore; funds raised March 27, 2026.
• No deviation in use of funds; Audit Committee noted annexure.
• Original object: long-term funding for capex, working capital, and corporate purposes.
• Original allocation: Rs 57.25 crore; funds utilized deviation: Rs 20.50 crore.
• 5,00,000 warrants converted at Rs 200 per share; 25% received earlier.
• Aggregate Rs 57.25 crore includes earlier preferential issue proceeds.

Compliance & disclosures

• Adopted Ind AS from 1 April 2017; June 30, 2026 figures under Ind AS.

Meeting Details

• Board meeting on August 12, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited quarterly results for the quarter ended June 30, 2026.

Other Notes

• Trading window closed from July 01, 2026 till 48 hours after results.
• Intimated to stock exchanges by letter dated June 25, 2026.

Dematerialisation/Rematerialisation status

• Not applicable; all shares in demat form and no rematerialisation requests received for the reporting quarter.
• Listing status for dematerialised securities not stated in the certificate.
• Registrar and Transfer Agent stated Regulation 74(5) not applicable due to full demat holding.
• No exceptions, delays, or non-compliance reported.