Technichem Organics Ltd — Important, 13-11-2025: Company Update

Technichem Organics has reported on the utilization of funds raised through its Initial Public Offer in January 2025, which amounted to 25.245 Cr. The company confirmed there was no overall deviation or variation in how these funds were used. Out of the total, 10.235 Cr was fully utilized for repayment of borrowings and 7.972 Cr for general corporate purposes. For capital expenditure towards a new plant, 1.631 Cr has been used so far, with the remaining 5.407 Cr expected to be utilized during the financial year 2025-26. This update provides shareholders with transparency on the deployment of IPO proceeds.