Krishival Foods Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
KRISHIVAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Krishival Foods Limited has submitted a quarterly compliance statement under Regulation 32 regarding the use of funds raised through a preferential issue on August 23, 2023, for Rs 6,425 lakhs (Rs 64.25 crore). The funds were originally allocated for working capital and general corporate purposes. The company has reported NIL deviation or variation in the use of these funds for the quarter ended June 30, 2025. No monitoring agency was appointed as it was not applicable. The statement is signed by the Managing Director and certified by the statutory auditors (Tamanna Parmar and Associates).
This is a routine regulatory compliance filing confirming that the Rs 64.25 crore raised via the 2023 preferential issue has been used exactly as originally intended. No negative signal for shareholders; the stock is unlikely to react materially to this update.