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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Kirloskar Electric Company Ltd

Kirloskar Electric Co Ltd: No Deviation in Fund Utilization for Q2 FY27

REGULATORY ● No Immediate Change LOW RISK
📅 Filed on BSE: 06 Nov 2026, 02:43 PM IST  ·  BSE ID: 0f4e6512-68d3-4214-8f8b-d7c2277a1776
View Original BSE Filing (PDF)
💡
In Simple Terms
The company confirmed it used money from a recent share sale exactly as planned for its day-to-day operations.
🤖 AI Summary
  • Kirloskar Electric reports no deviation in preferential issue fund utilization for Q2 FY27.
  • Rs. 399,999,927.38 raised on September 23, 2026, was for working capital.
  • Funds were used as originally planned, with no changes to stated objectives.
  • Audit Committee reviewed and approved the statement of fund utilization.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Amount Raised
Rs. 399999927.38
Date of Raising Funds
23 Sep 2026
Period Covered
Quarter ended 30 Sep 2026
Original Object
Working Capital Utilisation
Funds Utilised for the quarter
Rs.5,00,00,000/-
🏢 How This Affects the Company
💰
Financial Impact
The company maintained its original fund allocation strategy, reinforcing financial discipline in its working capital management.
⚠️
Risk Impact
Absence of deviation indicates adherence to original plans, reducing financial risk associated with unexpected fund reallocations.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this filing.
👤
Who Is Affected
All shareholders are affected as it pertains to the responsible utilization of funds raised from a preferential issue.
🔍
Management Signal
The filing signals management's commitment to transparently adhering to previously approved fund utilization plans.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Next quarterly results for Q3 FY27 updates.
Annual report for detailed fund utilization breakdown.
Future preferential issue disclosures for new capital raising.
LOW RISK The filing confirms no deviation in fund utilization, indicating financial prudence.
💡 Investor Takeaway
Kirloskar Electric Company Ltd. confirms Rs. 399,999,927.38 raised via preferential issue was used for working capital as planned, with no deviations noted for the quarter ended September 30, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • No deviation noted in the utilization of Rs. 399,999,927.38 raised through preferential issue for working capital.
  • Audit Committee review confirms adherence to the approved objects for fund raising.
❓ Frequently Asked Questions
What is Kirloskar Electric's statement regarding fund utilization for Q2 FY27?
Kirloskar Electric stated there is no deviation or variation in the utilization of funds raised through a preferential issue for the quarter ended September 30, 2026.
How much funds did Kirloskar Electric raise via preferential issue?
The company raised Rs. 399,999,927.38 on September 23, 2026, through a preferential issue of equity.
What was the stated purpose of the funds raised by Kirloskar Electric?
The funds were raised for Working Capital Utilisation, including repayment or prepayment of existing working capital borrowings and funding the company's working capital.
Was there any deviation in the utilisation of funds raised by Kirloskar Electric?
No, Kirloskar Electric confirmed there was no deviation or variation in the use of funds raised in the period reported.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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