Filtron Engineers Limited disclosed deviations in the utilization of 15.90 Cr raised via a preferential issue.

Funds allocated for working capital saw 0.31 Cr utilized against 3.98 Cr, while general corporate purposes used 1.27 Cr of the 3.98 Cr allocated.

Notably, the 7.95 Cr designated for investment in subsidiaries was fully utilized.

This report highlights underutilization of funds in key operational areas for the period, with the Audit Committee and Auditors offering no specific comments.