Shree Karthik Papers Ltd — Important, 18-07-2026: Company Update

Shree Karthik Papers has confirmed there was no deviation or variation in the use of proceeds. The company explicitly stated that it did not raise any new funds from the public, such as through a rights issue. Consequently, the question of utilizing such funds did not arise. This update informs investors that the company maintained consistent financial practices and did not undertake any public fundraising activities during the period.