Submission of Statement of Deviation and Variation pursuant to regulation 32(1), (3) of SEBI (LODR) Regulations, 2015.
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Adhata Global Limited has confirmed that there was no deviation or variation in the use of funds raised through the issuance of Convertible Warrants on a preferential basis during the quarter ended September 30, 2025. The company raised Rs. 9.5 crore on September 4, 2025, earmarked for working capital needs, business expansion, and general corporate purposes. Out of the Rs. 9.5 crore raised, approximately Rs. 2.375 crore has been utilised so far, with no deviation reported. The statement was reviewed by the Audit Committee, which had no comments, and the auditors also had no observations. This is a routine SEBI-mandated compliance filing confirming that the company is using the raised funds in line with what was disclosed to shareholders.
This is a neutral, routine compliance filing with no negative implications. It reassures shareholders that the Rs. 9.5 crore raised via convertible warrants is being deployed as originally promised, though only about 25% (Rs. 2.375 crore) has been utilised so far, meaning a significant portion is still pending deployment.