Axel Polymers Ltd — Important, 02-06-2026: Company Update

Axel Polymers Limited has confirmed that there are no deviations in the utilization of funds raised through its preferential issue of equity shares on December 13, 2025. The company raised approximately 11.18 Cr. These funds were allocated for working capital (6.71 Cr), capital expenditure (2.24 Cr), and general purposes (2.24 Cr). Most allocations have been fully utilized, with 0.43 Cr used for capital expenditure. This update assures shareholders that the raised capital is being deployed as initially planned.