Announced Fri, 29 May · 14:26 IST

Statement of no deviation or variation

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹36.61
prior close
₹35.00
base price
In-mkt
timing
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AI summary

Desh Rakshak Aushdhalaya, an Ayurvedic and herbal product manufacturer listed on BSE, has confirmed no deviation or variation in the use of Rs. 2.77 crore raised through a preferential issue of 12.60 lakh equity shares. The shares were issued on September 9, 2025, at Rs. 22 per share (face value Rs. 10, premium Rs. 12). The funds were fully utilized by March 31, 2026, with Rs. 2.08 crore for working capital requirements and Rs. 69.30 lakh for general corporate purposes, matching the original allocation stated in the EGM notice. The Audit Committee reviewed and approved this utilization report on May 29, 2026.

Likely market impact

Positive signal for shareholders as it confirms the company deployed the raised capital as promised without any diversion from stated objects. No red flags on fund utilization, though existing shareholders face minor equity dilution from the preferential allotment.