Non-applicability of Statement of Deviation or Variation under Regulation 32 of SEBI (LODR) Regulations, 2015
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Adline Chem Lab Ltd has informed BSE that the Statement of Deviation or Variation under SEBI Regulation 32 is not applicable to the company. This is because the company has not raised any funds through a public issue, rights issue, preferential issue, or Qualified Institutions Placement (QIP). As a result, there are no proceeds to report any deviation or variation against. The letter was signed by Ritu Singh, Company Secretary & Compliance Officer, on 11th April 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company has no ongoing fund-raising activity that would require deviation reporting.