Jainex Aamcol Ltd — Important, 07-08-2026: Company Update

Jainex Aamcol Limited reported no deviation in the use of proceeds from its Right Issue, which raised 8.978 Cr. The company's Audit Committee confirmed that funds utilized for an expansion program and repayment of unsecured loans were in line with revised allocations approved by the board. Management prioritized repaying higher-cost unsecured loans, exercising discretion allowed by the offer document. This ensures the funds raised are being deployed as per the company's strategic and financially prudent decisions, providing clarity to investors on fund utilization.