Statement of Deviation / Variation for the quarter ended 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Classic Leasing & Finance Ltd raised ₹10,63,75,000 (approximately ₹10.64 crore) through a preferential issue of equity shares on 11 January 2026. The funds were allocated entirely for two purposes: working capital requirements and general corporate purposes. The company's auditors (Agarwal Khetan & Co.) confirmed that the full raised amount of ₹1,063.75 lakhs has been fully utilized with zero deviation from the stated objects. Both the Audit Committee and the Board of Directors reviewed and approved the statement prior to filing. No monitoring agency was applicable for this issue.
No deviation means the company deployed the raised capital as planned. Shareholders can note that the entire ₹10.64 crore has been used for working capital and general corporate purposes with no variation reported.