Submission of statement of Deviation or Variation for proceeds of public issue pursuant to Regulation 32 of the SEBI (Listing Obligation and Disclosure Requirments) regulation, 2015 for ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Achyut Healthcare has filed a routine compliance statement confirming that the funds raised through its public issue and preferential issues have been used exactly as originally planned, with no deviations or variations. The company raised a total of about Rs. 24.53 crore across three allotments between March 2022 and January 2024 — Rs. 360 lakhs (2022), Rs. 520.80 lakhs (2023 preferential), and Rs. 1,572.48 lakhs (2024 preferential). All proceeds have been fully utilised: Rs. 275.82 lakhs for machinery and equipment, Rs. 59.18 lakhs for general corporate purposes, Rs. 25 lakhs for issue-related expenses, and the balance through preferential allotments. The statement is certified by Doshi Doshi & Co, Chartered Accountants, and signed by Managing Director Jigen J. Modi.
This is a procedural compliance filing rather than a business update — it simply confirms fund-use discipline, which is mildly positive for governance credibility but unlikely to move the stock price on its own.