This is to inform that the statement of deviation and variation for proceeds of public issue, rights issue, preferential issue, Qualified Institutions Placement etc. required to be submitted ....
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Awaiting price reaction for this filing.
Jupiter Industries & Leasing Ltd has informed BSE that Regulation 32 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015 is not applicable to the company. This regulation normally requires companies to submit quarterly statements showing any deviation or variation in the use of funds raised through public issues, rights issues, preferential issues, or Qualified Institutional Placements. The company has effectively confirmed that it has not raised any money through these routes, so there are no proceeds to track or report on. The letter is signed by Managing Director Hemant D. Shah and was filed on 29th April 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company did not raise capital through public market instruments during the period, meaning there are no fund-use disclosures to worry about.