Statement of Deviation(s) or variation(s) for the year ended March 31, 2025 under Regulation 32 of SEBI (LODR) Regulation, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CWD Limited has submitted a compliance filing confirming there were no deviations or variations in the use of proceeds from its preferential issue. The company raised Rs. 1,041.50 lakhs (~Rs. 10.42 crores) through a preferential issue on February 19, 2025, for stated purposes of working capital requirements, capex on testing tools, manufacturing jigs and other machineries, and general corporate purposes. The entire amount of Rs. 1,041.50 lakhs was fully utilized by March 31, 2025, in line with the originally disclosed objects. No monitoring agency was applicable, and both the audit committee and auditors had no adverse comments. This is a routine SEBI (LODR) Regulation 32 disclosure confirming proper use of funds.
Positive for shareholder confidence as it confirms full and compliant utilization of the Rs. 10.42 crore raised via preferential issue, with no misuse or reallocation of funds. This is a routine compliance disclosure with no material impact on stock price.