Pursuant to the Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby confirms that there has ....
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Euro Leder Fashion Ltd has informed BSE that, under Regulation 32 of the SEBI Listing Regulations, there has been no deviation or variation in the use of proceeds raised from its Initial Public Offer (IPO) for the quarter ended 31st December 2025. The company confirms that the IPO funds were utilised strictly for the purposes disclosed in the prospectus. As there were no deviations, the formal statement of deviation or variation is not applicable to the company. This is a routine quarterly compliance filing submitted by the Company Secretary, Ritu Sharma, on 12th February 2026.
This is a routine compliance confirmation and is neutral for shareholders. It simply reassures investors that IPO funds were used as originally intended, with no misuse or diversion.