Non- Applicability of compliance under Regulation 32 (1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Awaiting price reaction for this filing.
Mahalaxmi Seamless Ltd has informed BSE that the Statement of Deviation or Variation of funds under Regulation 32 of SEBI Listing Regulations is not applicable to the company for the quarter ended 30 June 2025. Regulation 32 applies to companies that have raised money through public issues, rights issues, preferential issues, or qualified institutional placements (QIPs). Since the company has not raised funds through any of these routes, it is not required to file any deviation or variation statement. This is a routine compliance disclosure with no financial impact.
No impact on shareholders or the stock price — this is a routine filing confirming that the company did not raise funds through public/preferential routes, so no deviation reporting is required.