Statement of Deviation or Variation for 30-09-2025
Price
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Awaiting price reaction for this filing.
CWD Limited has filed a compliance statement confirming that there were no deviations or variations in the use of proceeds from a preferential issue conducted earlier in 2025. The company raised a total of Rs. 6,076.9 lakhs (approx. Rs. 60.77 crore) through preferential allotments on April 7, April 9, and July 5, 2025. As per the statement, the funds continue to be used in line with the original objects approved for the issue. There is no monitoring agency appointed for this issue, and the audit committee has not raised any comments. The filing was submitted under Regulation 32 of SEBI's Listing Obligations and Disclosure Requirements Regulations.
This is a routine compliance disclosure with no negative news — it simply confirms that funds raised from the preferential issue are being used as originally planned. Shareholders can take it as a sign of disciplined fund utilization, though it carries no material price-moving implication on its own.