Please find herewith the Non-applicability of Statement of Deviation or Variation of Fund Under regulation 32 (1) Of SEBI (Listing Obligation Disclosure Requirements) Regulations, 2015 ....
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Mahalaxmi Seamless Limited has informed BSE that the Statement of Deviation or Variation of funds is not applicable to the company for the financial year ended 31 March 2025. This declaration is required under Regulation 32 of SEBI Listing Regulations, which applies to companies that have raised money through a public issue, rights issue, preferential issue, or qualified institutional placement (QIP). Since the company did not undertake any of these fundraising activities, there are no proceeds to track or deviations to report. The letter was signed by the Managing Director (DIN: 00114795) and submitted on 9 April 2025.
This is a routine regulatory compliance submission with no impact on shareholders or the stock price. It simply confirms the company did not raise funds through public market issuances during the reported period.