NACL Industries Limited has confirmed that there was no deviation or variation in the utilization of proceeds from its Rights Issue for the quarter ended December 31, 2025. This statement is in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company raised ₹24,928.91 Lakhs (24928.91 Lakhs) through the Rights Issue, which was utilized for repayment of borrowings, investment in its wholly-owned subsidiary NACL Spec-Chem Limited, general corporate purposes, and issue expenses. The detailed utilization report, along with the Monitoring Agency Report from CRISIL Ratings Limited, has been submitted. The Monitoring Agency Report confirms that the utilization of funds was in line with the objects stated in the Letter of Offer dated December 08, 2025. There were no deviations from the original allocation or utilization of funds for the stated purposes during the quarter.
