The Regulation 32 of the Securities and Exchange Board of india (Listing obligations and Disclosure Requirements) Regulation 2015, the company hereby confirms that there has been no deviation(s) ....
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Awaiting price reaction for this filing.
Euro Leder Fashion Ltd has submitted a compliance filing to BSE confirming that there has been no deviation or variation in the use of funds raised from its Initial Public Offer (IPO). The filing, dated 13th November 2025, pertains to Regulation 32 of SEBI's Listing Obligations and Disclosure Requirements for the quarter ended 30th September 2025. The company states that IPO proceeds have been utilized strictly for the purposes disclosed in the prospectus. As there are no deviations to report, the formal Statement of Deviation or Variation is not applicable for this quarter. The letter is signed by Ritu Sharma, Company Secretary.
This is a routine compliance disclosure with no material impact on shareholders. It simply reassures investors that IPO funds were used as originally promised, which is a neutral-to-slightly-positive governance signal but unlikely to move the stock price.