Statement of Deviation & Variation for Quarter ended December 31, 2025
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Awaiting price reaction for this filing.
Inter Globe Finance Ltd has filed a statement confirming there has been no deviation or variation in the use of funds raised through its Preferential Issue. The company raised Rs. 6,95,75,625 on 16 October 2025 and Rs. 9,10,93,500 on 6 November 2025, totaling about Rs. 16.07 crore. The funds were earmarked for purposes such as growing core business, working capital, loan repayment, technology and infrastructure investment, purchase of machinery, and improving the debt-equity ratio. The statement was reviewed by the Audit Committee, which had no comments, and auditors also had no observations. The filing was made under SEBI LODR Regulation 32 read with the December 2019 SEBI circular.
This is a routine compliance filing and is a positive signal for shareholders, confirming that the company is using the raised funds as originally disclosed. No negative impact on the stock is expected from this filing.