Jainex Aamcol Ltd — Important, 28-05-2026: Company Update

Jainex Aamcol Limited confirmed no deviation in using proceeds from its 8.98 Cr rights issue for the quarter ending March 31, 2026. The company adjusted initial fund allocations, reducing funds for secured loan repayment by 1.92 Cr to prioritize higher-cost unsecured loans. This strategic reallocation, approved by the board, aims for prudent financial management. The Audit Committee reviewed and concluded that all funds were utilized in line with the revised, board-approved plan. This update assures shareholders of transparent and effective deployment of raised capital.