Brand Concepts Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
BCONCEPTS · price
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Awaiting price reaction for this filing.
Brand Concepts Limited has filed a Reg 32 statement for the quarter ended 31 December 2025, confirming no deviation or variation in the use of funds raised through a preferential issue of convertible warrants to its promoter group. The company had raised Rs. 4.99 crore on 23 September 2025, earmarked for working capital, expansion of manufacturing facility, investment in brand building, and acquiring new brands. Out of the total amount raised, only Rs. 70.92 lakh (around 14%) has been utilized so far. The audit committee and auditors have not raised any comments on the statement. No monitoring agency was appointed for this issue.
The filing is a routine compliance update with no negative flag — there is no misuse or diversion of the Rs. 4.99 crore raised from promoters. However, the low utilization (only ~14% in roughly one quarter) means investors should track future filings to see if the remaining funds are deployed as planned.