BSEAshutosh Paper Mills LtdMinimalNeutral
Announced Wed, 20 May · 17:16 IST

undertaking regarding non applicability of statement of deviation for quarter& year ended 31 March 2026.

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AI summary

Tridev Infraestates Limited has submitted a compliance undertaking to BSE confirming that there were no deviations or variations in the use of proceeds from its Initial Public Offer (IPO) for the quarter and financial year ended 31 March 2026. The company stated that under SEBI Regulation 32, it is not required to file a Statement of Deviation or Variations since there were none to report. The filing is signed by the Managing Director and dated 20 May 2026.

Likely market impact

This is a routine compliance filing confirming proper use of IPO funds with no deviations. It is neutral for shareholders as it simply affirms that capital raised was deployed as intended, with nothing unexpected to disclose.