Shree Pushkar Chemicals & Fertilisers LimitedSHREEPUSHKNSE
Statement of deviation(s) or variation(s) under Reg. 32
CapitalNotablemateriality 71 out of 100
What happened
FactStatement of deviation(s) or variation(s) under Reg. Preferential Issue of Fully Convertible Warrants from the objects stated in the Explanatory.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedEarlierQ1 FY26
We are giving it as a trial and the stabilization of the plant and the quality and we are quite hopeful that for the next financial year, starting from the first season of the next financial year, we should be able to penetrate into the market.
NowQ1 FY27
We incurred approximately Rs. 20 crores during Q1 FY27 across ongoing expansion initiatives.
Change
FactTimeline delay
Implication
CapitSignal interpretationThe earlier statement indicated expectations for the next financial year, while the current statement reflects actions taken in Q1 FY27, suggesting a delay in the anticipated timeline for market penetration.
Watch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- We are only waiting for our electricity, this connection load enhancement, which we are expected to get somewh (management committed by Q2 FY26)
- We are giving it as a trial and the stabilization of the plant and the quality and we are quite hopeful that f (management committed by FY27)
Evidence
- Shree Pushkar Chemicals & Fertilisers Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%