Continental Securities Ltd — Important, 30-07-2026: Company Update
30-07-2026 | 09:22 pm
30-07-2026 | 09:22 pm
Continental Securities Ltd. reported on the utilization of funds raised via preferential issues. The company raised Rs. 110.25 Cr on January 31, 2026, and an additional Rs. 78.75 Cr on February 7, 2026, totaling Rs. 189 Cr. These funds were designated for future capital requirements to extend loan facilities to customers. For the quarter ended March 31, 2026, the company confirmed no deviation in the intended use of these funds. However, the report indicates that as of quarter-end, these funds were yet to be deployed for their stated purpose, remaining unutilized.
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