Please find attached statement of Deviation & variation for QE June 30, 2025
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Awaiting price reaction for this filing.
Khoobsurat Ltd has confirmed that there is no deviation or variation in the use of proceeds from its Rights Issue conducted in May–June 2024, which raised ₹33.74 crore. Out of the total ₹33.74 crore, the company has utilized ₹27.16 crore (~80.5%) so far. Full deployment is done for purchase of tradable/strategic securities and stock (₹17 crore) and general corporate purposes (₹5.74 crore), while partial utilization is seen in equity investment in Salcete Brewing Limited (₹3.45 crore of ₹6 crore) and Rights Issue expenses (₹96.82 lakh of ₹1.5 crore). Notably, the ₹3.5 crore earmarked for purchasing corporate offices in Mumbai and Kolkata has not been deployed at all. No monitoring agency was appointed for this issue.
Compliance-positive as no fund misuse or deviation is reported, but shareholders may note that nearly ₹6.58 crore is still unutilized over a year after the issue, with the corporate office purchase yet to begin — a watch item for timely deployment.