Non applicability of Regulation 32 of the SEBI (LODR) Regulations 2015 for the 04th quarter ended 31/03/2025
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Golden Crest Education & Services Ltd submitted a compliance certificate to BSE and CSE confirming that SEBI LODR Regulation 32 does not apply to the company for the quarter ended 31 March 2025. Regulation 32 requires listed companies to report quarterly on the use of funds raised through public issues, rights issues, preferential issues, or qualified institutional placements (QIPs). The company clarified that it did not raise any money through any of these routes during Q4 FY25, making the regulation inapplicable. The certificate was signed by Managing Director & CEO Yogesh Lama (DIN: 07799934) on 21 May 2025.
This is a routine regulatory filing with no material impact on shareholders or the stock. It simply confirms the company did not undertake any fresh equity fundraising via public, rights, preferential, or QIP routes in Q4 FY25.