Infibeam Avenues Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
CCAVENUE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Infibeam Avenues Limited has filed a statement with the exchange reporting any deviation or variation in the use of funds raised through a public issue, rights issue, preferential allotment, or qualified institutional placement. Under SEBI's Listing Obligations and Disclosure Requirements (Regulation 32), companies must disclose to investors whenever the actual deployment of issue proceeds differs from the purposes originally stated in the offer document. The filing confirms the company has either used funds in a manner different from what was disclosed or is formally reporting that there has been no material deviation. The actual amounts and reasons for variation are detailed in the accompanying document submitted to the exchange.
This is a routine compliance filing required under SEBI rules and does not by itself indicate financial trouble. Investors should review the attached statement to confirm whether any change in fund usage is minor or material, as significant deviations could raise governance concerns and affect future investor confidence.