The Company hereby submits the Non-Applicability of Statement for Deviation(s) or Variation(s) under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.
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Goel Food Products Ltd has filed a compliance update with BSE confirming that Regulation 32 of SEBI's Listing Obligations is not applicable to it for the fourth quarter. The company states it did not raise any funds during Q4 FY25 through a public issue, rights issue, preferential issue, qualified institutions placement (QIP), or any other means. Because no funds were raised, there is no requirement to submit a statement of deviation or variation in the use of proceeds. The letter is signed by Managing Director Dinesh Goyal and dated April 18, 2025.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It simply confirms the company did not undertake any fresh fundraising activity during the quarter, so investors should not expect any capital raise or related dilution in this period.