Continental Chemicals Ltd — Updates, 18-05-2025: Company Update

Continental Chemicals Ltd has announced a statement confirming no deviation or variation in the utilization of funds raised through a preferential issue amounting to ₹1.63 Cr. The entire amount was used for working capital purposes and was fully utilized by the quarter ended December 2023. This update reassures shareholders that the funds have been deployed as originally intended, supporting ongoing operational needs without any changes in the planned use of proceeds.