Oriental Rail Infrastructure Confirms No Deviation in Rs. 212.20 Crore Fund Usage
Published on: Feb. 12, 2026, 2:37 p.m. | Source: scanx.trade
Oriental Rail Infrastructure Limited submitted formal compliance statement to BSE confirming no deviation in Rs. 212.20 crore preferential issue fund utilization for Q3 FY26. The company utilized Rs. 0.37 crore during the quarter exclusively for general corporate purposes, with cumulative utilization reaching Rs. 170.16 crore and Rs. 42.04 crore remaining unutilized, primarily deployed in fixed deposits earning 4.75% to 7.55% returns.
