ReferIndia News Nitco Limited Submits Q3 FY26 Monitoring Report for Rs. 625.21 Crore Preferential Issue

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Nitco Limited Submits Q3 FY26 Monitoring Report for Rs. 625.21 Crore Preferential Issue

Published on: Feb. 13, 2026, 6:51 p.m. | Source: scanx.trade

Nitco Limited filed its Q3 FY26 monitoring agency report showing Rs. 16.77 crore utilization during the quarter from its Rs. 625.21 crore preferential issue proceeds. The company has cumulatively utilized Rs. 441.71 crore with Rs. 21.53 crore remaining unutilized. Debt repayment and operational creditor payments totaling Rs. 250.00 crore have been completed, while working capital, real estate acquisition, and general corporate purposes remain ongoing with strategic fund reallocation approved by the Board.

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