Shish Industries Ltd — Important, 14-05-2026: Company Update

Shish Industries Limited’s monitoring agency confirmed the proper utilization of funds from its preferential issue of equity shares and convertible equity warrants. Out of the Rs 145.37 Cr issue, Rs 72.34 Cr was received. Funds have been utilized for stated objectives including investments in subsidiaries, capital expenditure, working capital requirements, and general corporate purposes. The report found no deviation from these objectives, confirming that the capital raised is being deployed as planned. The remaining warrant funds are due upon their conversion.