Diffusion Engineers

Diffusion Engineers Limited received a domestic order worth approximately INR 7.6 crores for supplying rollers for cement mill roller press. The order will be delivered over the next 10 months. The contract is with a domestic client and does not involve any promoter group interest or related party transactions.

Diffusion Engineers Limited, listed on NSE (Symbol: DIFFNKG) and BSE (Scrip Code: 544264), has made the audio recording of their earnings conference call available on their company website. The call discussed un-audited financial results for Q1 FY 2025-26 ending June 30, 2025. The company operates in the engineering sector and conducted the call with investors and analysts. The audio recording is publicly accessible on the company's website.

Diffusion Engineers Limited submitted its monitoring agency report for the quarter ended June 30, 2025, detailing utilization of proceeds from its Initial Public Offer. The company raised Rs 1,579.64 million through its IPO held from September 26-30, 2024, with net proceeds of Rs 1,421.95 million after expenses. During the quarter, Rs 19.64 million was utilized, bringing total utilization to Rs 542.34 million, leaving Rs 1,037.30 million unutilized. The proceeds are allocated for expanding existing manufacturing facility at Unit IV (Rs 713.80 million), setting up new facility at Hingna (Rs 303.85 million), working capital requirements (Rs 220.00 million), and general corporate purposes (Rs 184.30 million). Working capital funding has been fully utilized, while no funds were used for general corporate purposes during the quarter. Unutilized proceeds of Rs 1,049.86 million are deployed in fixed deposits across various banks earning returns between 6.60% to 7.86%. CRISIL Ratings Limited, the monitoring agency, reported no deviations from disclosed objects and confirmed proceeds were utilized as per the offer document.