REG 32 STATEMENT OF DEVIATION AND VARIATION
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Goyal Associates Limited has submitted a compliance filing to BSE confirming there were no deviations or variations in the use of funds raised through a preferential issue. The company had raised ₹1.50 crore by issuing 60 lakh convertible warrants at ₹2.50 per warrant on 21 March 2025. The entire amount was fully utilized by 30 June 2025, with ₹1.40 crore (₹1,40,39,800) deployed towards working capital requirements and ₹9.60 lakh (₹9,60,200) towards fund-raising expenses. No funds were allocated to general corporate purposes. The statement, signed by Chairman and Director Vuppala Naga Malleswara Rao, is for the quarter and half-year ended 30 September 2025.
This is a routine regulatory filing that confirms the company used the preferential issue proceeds exactly as originally disclosed to shareholders. There is no negative news — it simply demonstrates fund-use compliance and may have a neutral to mildly positive sentiment for transparency.