BSEDMR Engineering LtdMinimalNeutral
Announced Fri, 31 Oct · 16:15 IST

Please find attached herewith the nil statement of deviation

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

Awaiting price reaction for this filing.

AI summary

DMR Engineering has filed a compliance certificate confirming that the Rs. 2.66 crore raised through a Rights Issue in December 2024 has been used exactly as originally planned, with no deviations. Out of the total proceeds, Rs. 1.93 crore was allocated for working capital requirements and Rs. 60.52 lakh for general corporate purposes — both amounts have been fully utilised as of September 30, 2025. The Audit Committee reviewed the statement and had no objections or comments, and no monitoring agency was applicable for this issue. The filing is a routine quarterly disclosure required under SEBI LODR Regulations.

Likely market impact

This is a neutral, governance-positive update — shareholders can be assured that the company's rights issue funds were deployed in line with stated objectives, with no misuse or diversion. It does not move the stock but reinforces management's compliance credibility.