Candour Techtex Ltd — Important, 15-05-2026: Company Update

Candour Techtex's monitoring agency confirmed the company is utilizing funds from its preferential issue as intended. The company raised Rs. 94.27 Cr out of a total issue size of Rs. 165.34 Cr from equity shares and convertible warrants. The report indicates no deviation in how these funds are being deployed for planned capital expenditure, land acquisition, working capital, and general corporate purposes. Unutilized proceeds are strategically invested in various term deposits, ensuring transparency and proper use of investor capital.