Non-Applicability of Statement of Deviation & Variation
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Awaiting price reaction for this filing.
Enterprise International Ltd has informed BSE that Regulation 32 of SEBI (LODR), which requires companies to report deviations or variations in the use of funds raised through public issues, is not applicable to it. The company confirms it has not raised any proceeds through an Initial Public Offer (IPO), Further Public Offer (FPO), Rights Issue, or Preferential Issue. As a result, there is no requirement to file a statement of deviation or variation. The letter was signed by Neetu Khandelwal, Company Secretary & Compliance Officer, on April 11, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company has no outstanding public issue funds to report on.