BSE3B Films LtdMinimalNeutral
Announced Sat, 30 May · 20:42 IST

Statement of Deviation or variation in utilization of funds raised under Reg.32 LODR for the period ended 31st March 2026

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

3B Films Ltd has filed a compliance statement confirming no deviation or variation in the utilization of IPO funds for the half year ended March 31, 2026. The company raised Rs. 33.75 crore through its Initial Public Offering (IPO) with an end date of June 3, 2025. According to the prospectus dated May 23, 2025, the funds were intended for stock exchange listing, company expansion, and general corporate purposes. The filing confirms that the actual utilization matches the stated objects with no deviations reported. Both the Audit Committee and auditors have provided no comments or concerns, indicating satisfactory fund usage.

Likely market impact

This is a positive compliance filing confirming that IPO funds are being utilized as promised in the prospectus. Shareholders can be reassured that there is no misuse or deviation of funds from the stated expansion and general corporate objectives.