Chemtech Industrial Valves Ltd — Important, 30-05-2026: Company Update

Chemtech Industrial Valves Limited confirmed there was no material deviation in the use of funds raised from converting warrants into equity shares. For the quarter ended March 31, 2026, the company received ₹7.50 crore from these warrant conversions. This forms part of the aggregate ₹57.25 crore raised through the preferential issue. The funds are designated for long-term financing, capital expenditure, working capital, and general corporate purposes. This announcement assures investors that the capital raised is being deployed exactly as outlined, ensuring financial transparency and adherence to stated objectives.