Lords Chloro Alkali Limited (LORDSCHLO) — deviation variation

· NSE 🟡 Notable Neutral
📢 Key Event
No deviation in use of proceeds from preferential issue
💡 Investor Takeaway
Shareholders can view the fund deployment as fully compliant and purpose-aligned with no unexpected reallocations.

Lords Chloro Alkali Limited confirmed no deviation in the use of proceeds from its February 2026 preferential issue of equity shares, having fully deployed the ₹32.02 crore raised for capital expenditure, working capital, and general corporate purposes as approved by shareholders in July 2024. The company utilized the entire amount without modification to the original allocation plan, with interest earnings of ₹0.05 crore also applied to the same approved objects.

📄 View Original Announcement (PDF)

About Lords Chloro Alkali Limited (LORDSCHLO)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹408.49 Cr P/E: 15.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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