ALPHA TRIBE

Synthiko Foils LtdImportant, 12-02-2026: Company Update

12-02-2026 | 10:22 pm

Synthiko Foils Limited reported no deviation in the use of funds from its recent preferential issue. The company confirmed that the entire Rs. 1,046.74 Cr raised has been fully utilized as planned for the acquisition of 100% equity shares of DC&T. This adherence to funding objectives, reviewed by the Audit Committee, ensures transparency and execution of stated business plans, which is key for investors tracking corporate governance and capital deployment.

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