NACL Industries confirms its 249.29 Cr Rights Issue proceeds align with stated objectives, with no deviation in fund utilization observed.

NACL Industries LimitedNACLIND · Filed with the exchange

Funds are earmarked for debt repayment (104 Cr, 83 Cr for subsidiary) and general corporate purposes (60.71 Cr). Most proceeds were transferred to the escrow account after the reporting quarter.

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