Announced Sat, 24 May · 18:44 IST

Please find attached herewith the disclosure in respect to the above mentioned subject matter

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Inter State Oil Carrier Ltd has informed BSE that Regulation 32(1) of SEBI (LODR), which requires a statement showing how funds raised through public issues are being used, does not apply to the company for the quarter ended 31st March 2025. The company confirms it did not raise any money through an IPO, FPO, Rights Issue, or Preferential Issue during this quarter. Because there were no public issue proceeds, there is nothing to report on usage or variation of funds. The disclosure could not be filed in XBRL format because the system does not allow NIL entries.

Likely market impact

This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company did not raise fresh capital from the public in Q4 FY25, so there is no update on fund usage to consider.