Please find attached Statement of Deviation or variation for QE Sept 30, 2025
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Awaiting price reaction for this filing.
Khoobsurat Limited has confirmed that there are no deviations or variations in the use of proceeds from its Rights Issue conducted from May 21, 2024 to June 13, 2024, which raised ₹33.74 crore in total. Out of the raised amount, ₹29.74 crore (₹2,973.61 lakh) has been utilized so far across the stated objects, while the balance remains unutilized. Key deployments include ₹1,700 lakh for purchase of tradable and strategic securities, ₹600 lakh for equity investment in Salcete Brewing Limited, ₹200 lakh for purchasing corporate offices in Mumbai and Goa (revised down from ₹350 lakh), and ₹574.29 lakh for general corporate purposes. The filing is a routine quarterly compliance report submitted under SEBI's Listing Regulations and notes that no monitoring agency was appointed for the issue.
This is a routine compliance update with no negative implications — the company is confirming funds are being used as originally disclosed to investors, with no misuse or divergence. Shareholders can take comfort from the clean report, though the fact that about ₹4 crore remains unutilized means some deployment plans are still pending and may be tracked in upcoming quarters.