Submission of Non-Applicability of Statement of Deviation and Variation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mac Hotels Ltd has filed a confirmation with BSE stating that it is not required to submit a Statement of Deviation or Variation. The company confirms that there were no deviations or variations in the use of proceeds from its Initial Public Issue (IPO) and Preferential Issue of Equity Shares. This is a routine regulatory compliance filing under SEBI Listing Regulations. The filing is signed by Edwin Ericotta, Whole Time Director, dated May 30, 2026.
This is a neutral filing confirming proper utilization of IPO funds as per the stated objectives. No deviations detected means the company is on track with its capital deployment plans, which is a positive governance indicator for existing shareholders.