Statement of Variation and Deviation for Quarter ending on 31st March, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company filed quarterly statements for the quarter ending 31st March 2026 covering two preferential issues. The first issue raised ₹8.32 crore on 28-08-2023 and the second raised ₹9.89 crore on 29-11-2025. Both filings confirm there is NO deviation or variation in the use of funds raised. For the 2023 issue, funds were fully utilized for Working Capital (₹3.29 crore), Business Expansion (₹6.05 crore), Repayment of Loans (₹1.46 crore), and Issue Expenses (₹47.51 lakh). For the 2025 issue, ₹2.16 crore was allocated to Gas Business, ₹5.56 crore to Engineering Division, and ₹1.16 crore to Software Division. Both statements are signed by Hital Shah, Whole-Time Director.
This is a nil-deviation report confirming funds are being used as per the original objects. This is a routine compliance filing indicating proper utilization of proceeds from both preferential issues without any material change in fund usage.