Pursuant to Regulation 32 of SEBI (LODR)Regulations 2015 we would like to inform you that that the disclosure of Statement of Deviation or variation under the said regulation is not applicable ....
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Awaiting price reaction for this filing.
Kotia Enterprises Ltd has submitted an undertaking to BSE and MSEI stating that Regulation 32 of SEBI (LODR) Regulations 2015 is not applicable to the company for the quarter ended 31st March 2025. Regulation 32 requires companies to disclose any deviation or variation in the use of funds raised through public, rights, or preferential issues. Since the company has not raised funds through such routes during the quarter, the disclosure requirement does not apply. The filing was signed by Ankit Bhatnagar, Company Secretary & Compliance Officer, and submitted on 30th May 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company had no proceeds from a public issue requiring end-use monitoring during the quarter.