DRC Systems India Limited Reports No Deviation in Preferential Issue Fund Utilization for Q3FY26
Published on: Feb. 4, 2026, 6:39 p.m. | Source: scanx.trade
DRC Systems India Limited has filed its Q3FY26 compliance statement confirming no deviation in the utilization of Rs. 25 crore raised through preferential issue on October 28, 2025. The company has utilized Rs. 21.25 crore across working capital, debt repayment, and general corporate purposes, with Rs. 3.75 crore allocated for investments remaining unutilized. The statement received approval from the Board of Directors on February 04, 2026, demonstrating adherence to SEBI regulatory requirements.
