Pursuant to regulation 32 of SEBI (LODR) Regulation 2015,PFA the statement of deviation/variation for the quarter ended 31st march 2026
KRIDHANINF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kridhan Infra Limited has filed a statement of fund utilisation for ₹41.6 crore raised through public/preferential issues. The company raised funds with three stated objects: repayment of debt (₹21.6 crore allocated, ₹11.66 crore utilised), investment in subsidiaries/joint ventures (₹10 crore allocated, ₹0 utilised), and general corporate purpose (₹10 crore allocated, ₹1.98 crore utilised). Total funds utilised so far stand at approximately ₹11.86 crore. The filing explicitly states there is no deviation or variation in the use of funds, and both the audit committee and auditors have reported no comments. Monitoring agency is not applicable.
No deviation detected, which is a neutral signal. The low utilisation rate (~28%) suggests significant funds remain undeployed, which could be deployed in future quarters. No immediate shareholder concern.