O P Chains Ltd Reports No Deviation Regarding Proceeds Use for Quarter Ended June 30, 2026
O. P. Chains Limited has reported on the utilization of funds and the status of any potential deviations related to public or private issues for the quarter ending June 30, 2026. The company confirmed that there was no offer made through a Public Issue, Rights Issue, or Preferential Issue during this period.Consequently, the statement regarding deviation in the use of proceeds from the objects stated in the offer document is not applicable.
The statement also confirmed that category-wise variation was not required as no such offers were issued by O. P. Chains Limited for the quarter ending June 30, 2026. This applies to Capital Expenditure, Sales and Marketing, and Working Capital.
Financial details pertaining to the projected versus actual utilization of funds are summarized below:
| Category wise Variation | Projected Utilization of Funds (as per offer document or explanatory statement to the notice for the General Meeting) | Actual Utilization of Funds |
|---|---|---|
| Capital Expenditure | Not Applicable | Not Applicable |
| Sales and Marketing | Not Applicable | Not Applicable |
| Working Capital, etc. | Not Applicable | Not Applicable |
Stock Price Movement
O. P. Chains Ltd settled at ₹29.75 on Wednesday, registering a loss of 4.06% in shares. The stock traded completely flat throughout the session, as its intraday high and low were locked at the closing price of ₹29.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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