Fineotex Chemical Files Q3FY26 Monitoring Agency Report for Preferential Issue Proceeds
Published on: Feb. 13, 2026, 10:48 p.m. | Source: scanx.trade
Fineotex Chemical Limited filed its Q3FY26 monitoring agency report showing compliant utilization of INR 136.319 crores from its July 2024 preferential issue. ICRA Limited confirmed no deviations from stated objectives, with funds deployed across working capital (INR 10.274 crores), business expansion (INR 124.481 crores), and general corporate purposes (INR 1.564 crores). All implementation timelines remain on track with completion targeted by September 2030.
