Covidh Technologies Reports Q3FY26 Rights Issue Utilization with Rs. 7.61 Crore Remaining for Q4 Deployment
Published on: Feb. 14, 2026, 3:24 p.m. | Source: scanx.trade
Covidh Technologies Ltd reported Q3FY26 rights issue utilization with Rs. 0.47 crore used for issue-related expenses from total proceeds of Rs. 8.08 crore. The company's rights issue of 80,85,530 equity shares at Rs. 10 per share was offered in 23:1 ratio to existing shareholders. Rs. 7.61 crore remains unutilized for deployment in Q4FY26 towards working capital requirements and general corporate purposes. Monitoring agency Infomerics reported no deviations from disclosed objectives.
