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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
7Seas Entertainment Ltd has filed a Nil Statement confirming no deviation in the use of funds raised through a Preferential Issue. The company raised Rs. 17.32 crore on 25 February 2026, and during the quarter ended 31 March 2026, utilized Rs. 2.11 crore for the stated objects. The funds were allocated for working capital requirements, investment in new projects and strategic ventures, acquisition of office premises, and general corporate purposes. The Audit Committee reviewed and confirmed that all proceeds were used as per the Letter of Offer with no variations.
This regulatory filing provides transparency to shareholders confirming that the company is deploying funds as committed, with no unexplained deviations in utilization.