Excellent Wires shifts ₹1.45 crore from corporate purposes to land acquisition
Published on: June 26, 2026, 10:22 a.m. | Source: scanx.trade
Excellent Wires and Packaging Limited reallocated ₹1.45 crore from 'General Corporate Purposes' to 'Acquisition of Land and Construction of Building' after shareholder approval in August 2025. The funds, raised via an IPO in September 2024, will be used for capital expenditure by March 2026. The deviation was reported for the half year ended September 30, 2025, and reviewed by the Audit Committee.
